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CU Snapshot

 Feb '18Jan '18
# of CUs5,7575,758
Total Assets
($ billions)
Total Savings
($ billions)
Net Cap.
Loans to Savings82.6%84.1%
Loan Delinq.0.8%0.9%

         Credit Union Indicators

Digital Changes Organizations

Learn how to use technology to work smarter.

Many organizations spend considerable time figuring out how to use digital technologies to improve their relationships with customers, but they also can improve the business internally.

To make internal change efforts more effective and enduring, McKinsey & Co. says, consider digital technologies that:

Provide real-time feedback and information employees can use to make business decisions;

Personalize important company data useful to an employee's specific role in supporting the organization;

Connect employees to each other across the company, allowing them to sidestep inadvertent slowdowns from hierarchy;

Foster information-sharing and build community; and

Communicate progress on projects and initiatives to build momentum.