Case Study

How ECU’s engagement jumped by adopting conversational text messaging for loans

How ECU’s engagement jumped by adopting conversational text messaging for loans

How ECU’s engagement jumped by adopting conversational text messaging for loans

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& How ECU’s engagement jumped by adopting conversational text messaging for loans Key Highlights: ? Text message reply rate of 70% by members & non-members applying for loans, with over half responding by text in 90 seconds ? 68%, or 96 text message prospects completed an application, and over 50% of these individuals were approved for loans ? Nearly 1 in 3 text messages received by ECU were from non-members Shastic © 2018 for Web, Mobile, Email, Facebook & Text Messaging The Financial Institution Educators Credit Union Headquartered in Racine, WI, Educators has assets of nearly $2 billion, 22 branch locations, and over 175,000 members. The Challenge Educators was evaluating ways to accelerate their

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