Posts Tagged ‘Missouri’

10.49% loan growth for our KickStart client

February 13, 2013

While the NCUA has not yet released the 4th Quarter 2012 5300-data for all CUs, it is available for many CUs on an individual basis.

We can’t help but be beaming proud of Carole Wight and Holy Rosary CU…. and the terrific results she’s getting with her EverythingCU.com KickStart.

I just checked the 4Q12 5300 report for Holy Rosary, and it’s even better than we thought it’d be! We were hoping they would maintain a 3.9% lending growth rate, and THEY WOUND UP BEATING IT! Lending is up EVEN MORE than the previous quarter! Loans are up by 6.3% in just the past quarter!

The last two quarters combined have seen Holy Rosary’s lending go up by 10.49%! If her loan portfolio continues to grow at that pace, her CU will have seen a TWENTY PERCENT increase in loans for the year! Wow! Never in our wildest imaginations did we think KickStart could have such an immediate impact on a CU’s loan portfolio, but the proof is in the NCUA 5300 numbers.

Here is the latest:
Dec 31, 2010: 4,758,649
Mar 31, 2011: 4,647,966
Jun 30, 2011: 4,623,701
Sep 30, 2011: 4,719,143
Dec 31, 2011: 4,918,250
Mar 31, 2012: 7,623,506 <– Merger with a smaller CU
Jun 30, 2012: 7,607,091
Sep 30, 2012: 7,906,605 <– 1st full qtr w/KickStart
Dec 31, 2012: 8,405,157 <– 2nd full qtr w/KickStart

Holy Rosary CU (MO) Loan Growth

If you are ready to give KickStart Online Lending a try, then check out the SPECIAL OFFER we are running, or learn more on the KickStart information page.

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Recent Watershed Developments: Twitter Banking

October 5, 2009

I haven’t written before about what twitter banking would look like because of the poor adoption rate of SMS/text banking. But it’s a logical evolution. Vantage CU in St. Louis, MO, is the first to launch twitter banking, and they’ve called it TweetMyMoney. EverythingCU member Eric Acree, EVP, has led this charge for Vantage, while Technovation guru Cam Minges was largely responsible for implementation and deployment. Good for them. Innovation AND differentiation at it’s finest. Huge props.

For more coverage:
Jeffry Pilcher wrote it up at The Financial Brand
Tim McAlpine wrote about it at Currency Marketing

The other recent watershed development: Augmented RealityFinovate NYC 2009