Updates to Numbers

We’ve had a great response so far to the Numbers beta and we are already making some additions due to great feedback.

  • All CUSC shared branches are now included in the database (~4000)
  • All COOP ATM’s. Over 28,000 of them.
  • In partnership with REAL Solutions, we’ve added a list of all credit unions with branches in schools.

What does this mean to you? Well, the shared branching data and the ATM data both have latitude and longitude included. You can make nearly any variety of map mash-up that you can think of. iPhone branch locator app? Check. Andriod app? Check. A branded ATM locator app for your CU? A walk in the park.

We’re working on even more data and hope to have every credit union branch location in the US sometime this quarter. In the mean time, we’re also creating some new “views” in the database because nobody knows that fs220.acct_010 is the field that contains the asset size of the credit union. Once we get a few of the views built, it will be much easier for people not intimately familiar with the data to do useful things with it.

As always, keep playing around with Numbers and let us know if you have any ideas or concerns!

Introducing Numbers

Numbers

Welcome to Numbers, CU Innovators call report data solution.

While the NCUA has been providing call report data for many years, it has always been structured in such a way that makes it problematic to use unless you were a database administrator. There are a few others solutions available to the enterprising user, but none give the flexibility required for a custom reporting solution or web application. Wading through the details every quarter to update Excel spreadsheets is monotonous and takes up valuable time. With Numbers, all that is a thing of the past.

Built on a high-availability database architecture, Numbers is readily available online to be integrated into almost any tool you can dream up.

Internal credit union reporting
Peer comparisons
Merger analysis
CUSO market research
Credit union industry trends
Custom web applications

Numbers has been integrated into websites to demonstrate the effectiveness of a product to potential credit union clients. It has been used for peer comparisons and analysis to determine high performing credit unions. It is currently being built upon to create an impact analysis for potential clients of a CUSO. The list goes on and on.

What, do you say, could I use this for? The NCUA call report contains a large amount of data, including the asset size of every federally insured credit union. It has the url of their website, which online banking provider they use, how many employees they have, who the CEO is, and how much fee income they produced in a given quarter. There is so much information, in fact, that we’ve created a searchable data dictionary (PDF) to help you wade through it all.

Numbers has a large variety of uses and is only limited by your imagination. If you have any idea of how you’d like to use Numbers, drop us a line. We’d love to help you out! For more info, visit the Numbers product page.

to try, test, experience, prove

That is the definition of experiri (in Latin) and it also represents the first set of product offerings from CU Innovators.

Frequently, projects we’re working on for clients create discussions around solutions that are missing from the credit union industry. Other times, problems not associated with our current projects are brought up by clients as a “wouldn’t it be nice if” kind of thing. We’re trying to fix some of those “things”.

experiri is our outlet to test new ideas, new business models, and other things we think could help the credit union industry. It is easy to talk about innovation in credit unions, but it is a whole other thing to actually encourage people to try. So experiri is our stake in the ground. This is our corner of the innovative industry that credit unions could be.

Our first product, slated to be available next week, is technology related and aims to make credit union data readily available to be “mashed-up” into online applications, market research, and other tools for credit unions. Our second product, due for release in May, is in the social media space, and we’ll give you a hint: Christopher Morriss just mentioned this as a pain point for him on Twitter.

Stay tuned for more information!