Earlier this month, we launched online Line of Credit draws and are happy to report that members are loving the added convenience. That's evident when you look at the usage. Already 50% of draws are being completed online. And, we had our highest daily usage last week with 70% of one single day’s Line of Credit draws occurring online.
If you haven't experienced the convenience for yourself, visit our landing page to learn why your peers are so excited about this new Members Only feature.
About the Online Line of Credit |
Results of Last Month's LIBOR Survey Question
In last month's Financial Intelligence monthly email, we asked you this question:
In what area does your institution expect the most impact with the upcoming transition from LIBOR?
Here is what you said: