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2008 MCUL/CUcorp Membership Survey Results

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2008 MCUL/CUcorp Membership Survey Results. Board Presentation. Member Survey Results Background. Provided link to web survey to 319 affiliated CUs Received 159 responses as of August 2008 Represents 50% response rate. Member Survey Results Reponses by Asset Size. 50% Response Rate. - PowerPoint PPT Presentation

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Page 1: 2008 MCUL/CUcorp Membership Survey Results
Page 2: 2008 MCUL/CUcorp Membership Survey Results

Provided link to web survey to 319 affiliated CUs

Received 159 responses as of August 2008

Represents 50% response rate

Page 3: 2008 MCUL/CUcorp Membership Survey Results

50% Response Rate

Page 4: 2008 MCUL/CUcorp Membership Survey Results

Summary of Key Findings

•Overall satisfaction is high

•General theme is that MCUL keeps members well informed

•Compliance plays a key role in providing membership value

•Willingness to participate in MCUL task forces, etc. is highest among larger asset size CUs

•Support for PAC and Cooperative Advertising grew

Page 5: 2008 MCUL/CUcorp Membership Survey Results

Q2. Please indicate your level of agreement with the following statements regarding MCUL services, from 1 (disagree) to 5 (agree).

(positive responses)

Page 6: 2008 MCUL/CUcorp Membership Survey Results

Q3. Please rate each of the MCUL services in terms of the importance to your decision to affiliate with the MCUL, from 1 (unimportant) to 5 (important).

(positive responses)

Page 7: 2008 MCUL/CUcorp Membership Survey Results

Q11. For each of the following locations, please indicate the month you would most like the AC&E to take place in. Please take into consideration the schedules of your management, staff and board members that would normally attend the event:

Page 8: 2008 MCUL/CUcorp Membership Survey Results

Q13. Legislative and grassroots advocacy as well as political action fundraising are vital to the health and stability of the CU movement. Please indicate your level of agreement with the following statements regarding these League services, from 1 (disagree) to 5 (agree).

(positive responses)

Page 9: 2008 MCUL/CUcorp Membership Survey Results

Q 19. Please indicate your level of agreement with the following statements regarding regulatory/compliance issues, from 1 (disagree) to 5 (agree).

(positive responses)

Page 10: 2008 MCUL/CUcorp Membership Survey Results

Q 21. Please indicate your level of agreement with the following statements regarding cooperative advertising, from 1 (disagree) to 5 (agree).

(positive responses)

Page 11: 2008 MCUL/CUcorp Membership Survey Results

Summary of Key Findings•Highest CUcorp satisfaction ratings are with CUs < 100 mill.•CU HR Solutions has highest overall satisfaction•Business partner BC/BS received highest overall satisfaction

Page 12: 2008 MCUL/CUcorp Membership Survey Results

Q28. Beyond any current CUSO investments you may have, are you considering investing in new or existing CUSOs in the next two years?

Page 13: 2008 MCUL/CUcorp Membership Survey Results

Summary of Key Findings•Merger likelihood appears to be highest among CUs 23-100 mil. in assets•High speed access is near universal among all CUs

Page 14: 2008 MCUL/CUcorp Membership Survey Results

Q32. As you look to the future, how likely is your credit union to merge into a surviving credit union?

Page 15: 2008 MCUL/CUcorp Membership Survey Results

Q35. What type of Internet connection does your CU provide management and staff? (Please choose only one.)

Page 16: 2008 MCUL/CUcorp Membership Survey Results

Returned back to 2006 model of providing an “NA” response

Removed “NA” response calculations for all questions unless noted otherwise for consistency (previously this was only done for non-MCUL questions)

• “Positive” results aggregate 4 and 5 responses