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Evolving To Meet Your Needs

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It might seem like old news to continue writing about the COVID-19 pandemic, but because it has been such a significant and long-standing event, it is important for UMassFive to continue to evaluate how it has shaped the last two years. This includes the operations of the institution and the individual lives of our members.

While there have been moments of friction that required creative solutions, there have also been many success stories to celebrate, along with improved practices that have allowed us to better serve our members.

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The challenges of the pandemic started with social distancing and gathering guidelines that immediately closed or restricted access to several of our branches, especially those located on medical or educational campuses. With fewer physical locations to turn to, and a steady increase in calls to our Contact Center, it became clear that our focus needed to be on our remote services and offering the best experience possible without entering a branch.

We started immediately, bolstering our Contact Center and Video Teller staff by cross-training our Member Service Specialists from our closed branches. We also installed new ATMs equipped with our Video Teller functionality. One in our Hadley Branch drive-up to reduce wait time at the staffed window, and the other at our Worcester branch, where the creation of our external branch entrance with this Video Teller-enabled ATM offered a service solution to members at our most remote branch, including—for the first time—Saturday hours at this location.

The challenges continued as we navigated handling tasks that couldn’t be completed online, over the phone, or through a live video transaction with our remote Video Tellers. There were some transactions that a member simply had to complete in-person. While we were already making the most of encrypted emails and electronic document signing, we didn’t have a good system in place to handle appointment scheduling with limited staff and the number of phone calls suddenly doubling, or at times tripling pre-Covid times.

We understood the frustration with increased hold times, and worked as fast as we could to create a quick solution to bridge the gap prior to launching our online appointment scheduler for branch visits.

Later in 2021, we proudly unveiled this new system to simplify the appointment scheduling process. Integrating directly with staff calendars in real-time, this system allows members the ability to set up their own appointment.

As time went on, we were able to hire new team members to fill our open and newly created positions, and successfully re-opened all of our previously closed branches. Our UMass Amherst Branch reopened in August, our Hadley lobby reopened to routine transactions in October, and our Northampton VA Medical Center Branch welcomed members back in early November. The demand on our remote services, however, appears to be here to stay. Even with many of our lobbies already open to routine transactions earlier in 2021, the convenience of technology—like Mobile Banking with the ease of mobile check deposit, our streamlined online application for loans, and greater awareness of the capabilities of our Video Tellers to complete most standard transactions with longer service hours—has changed the overall behavior of our membership. We had record amounts of members using our remote banking services—see the numbers below*!

1,387
Appointments
Booked Online

7,663
Online Loan Applications

20,751
Video Teller Transactions

As we continue to learn from these past few years, it’s inspiring to see how much we have been able to overcome and achieve as an institution and as a community—and we’re thrilled to continue to offer members a diverse suite of banking options that best serve your needs. Whether that is using our convenient technology, giving us a call, or visiting a branch, we will continue to fulfill our mission of bettering your financial future, and ensuring that we meet each of your financial needs as they arise and evolve, now and into the future.

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*Numbers are through November 2021.