As technology continues to shift “banking behavior” away from branches and toward the web and mobile apps, credit union branches are increasingly becoming an underutilized tool to drive new membership in from their surrounding neighborhoods.
However, CUNA Strategic Services and Newtek Business Services Corp. are excited to share a potential solution that can improve foot traffic at your branch, attract new membership and further your goal of becoming the trusted source of financial services within your community. The key? Offering credit card cash advances at your branch.
This product from Newtek is a great way for credit unions to increase non-interest income and drive members into the branches. Best of all, the EMV-compliant equipment is provided free of charge to credit unions.