|
|
Article: Boeing group's home banking is taking off. (Boeing Employees Credit Union; credit unions move into market before other companies do)
- Article from:
- American Banker
- Article date:
- January 9, 1995
- Author:
CopyrightCOPYRIGHT 1995 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Boeing Employees Credit Union flirted with introducing home banking for a year before finally going live on Oct. 1.
Making a commitment seems to have paid off for the Seattle credit union, the country's fourth largest. In three months, nearly 5,000 of its 180,000 members have signed up and demand hasn't let up yet.
"The timing is right for home banking," said Patty Schwendeman, vice president of management information services for the $1.9 billion-asset credit union. "It was a little ahead of its time when the banks first introduced it years ago. It's not as intimidating as it used to be."
Boeing Employees is one of fewer than 60 credit unions offering ...