#1117: Community Choice and 4Front Credit Unions Share How They are Growing Deposits...

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Growing deposits is a hot topic in the credit union industry right now. So anytime we can get credit unions to explain how they are succeeding in this area, we want to share their stories wit you.

That said, Community Choice Credit Union Executive Vice President and Chief Operations Officer Dan Munro and 4Front Credit Union Vice President of Marketing Keith Carey joined us on the program to share how they are growing their deposits at their respective credit unions using Autobooks and collaborating with other successful credit unions.

Here's what we asked them:

• How are your credit unions growing deposits?
• Can you provide some before-and-after numbers to show your growth in this area?
• Why is growing deposits at your credit union so important today?
• What are your goals increasing deposit growth at you each of your credit unions?

(Community Choice's Dan Munro explains that this growth helps small businesses in their communities reconcile their books and send invoices that accept multiple forms of payments. 4Front's Keith Carey says it helps his credit union stand out as a better banking provider in a crowded marketplace.

Check it out and let us know your thoughts.