Consumers Credit Union Achieves Growth in Debit and Checking Programs
Consumers Credit Union is one of the largest credit unions in Illinois, with over 55,000 members and a unique membership eligibility structure: Anyone can join regardless of where they live or work.
In 2009, Advisors Plus conducted a thorough financial and statistical analysis of Consumers Credit Union’s debit and checking programs, and recommended a number of opportunities for growth in these areas of business.
Between 2009 and a follow-up review in 2011, Consumers achieved:
- A 10.5% increase in debit card penetration
- Average annual growth in debit POS transactions of 16.6%
- An 11.4% increase in checking penetration