How To Upgrade Your Credit Union’s Internet Speeds
Credit unions rely on high-quality, seamless Internet to drive the professional financial support they provide clients. Slow network speeds can hinder transactions, delay customer service responses, and affect overall productivity. Odds are that your credit union’s Internet speeds could use some improvement. Here’s how to upgrade the whole system in three easy steps.
Switch to a Fiber-Optic Network
The level of connection your institution experiences depends on the type of network you use. If you’re not using a fiber-optic network, you could be missing out on premium speeds. Fiber-optic technology offers significantly higher bandwidth than traditional copper connections.
This allows credit unions to manage high data loads, support multiple users simultaneously, and ensure that services such as online banking, video conferencing, and digital loan applications run smoothly.
Get Service From at Least Two ISPs
Reliability is vital when it comes to Internet service, but Internet companies are notoriously unreliable for perfect connection. If your institution’s Internet goes out—which it most likely will—then you won’t be able to get any work done until the company resolves the issue. However, that’s only the case if you have a single Internet service provider (ISP).
One way to all but ensure uninterrupted service is to get Internet from at least two providers. This redundancy allows your credit union to maintain operations even if one provider experiences outages or issues. By engaging multiple ISPs, you effectively create a failover system that guarantees your network remains operational.
Upgrade Your Computers and Software
Finally, even with a robust Internet connection, outdated computers and software can limit your network’s effectiveness. For this and a plethora of other reasons, upgrading your hardware and software is a worthwhile investment.
Buy modern computers with high processing capabilities that can handle the latest software updates and applications without lag. Additionally, consider implementing network monitoring software to identify any bottlenecks or performance issues that may occur. You and your employees should also know how to troubleshoot connection issues should they occur to make sure your hardware is always connected to your high-speed network.
It’s the digital age, meaning financial institutions can’t risk falling behind with subpar Internet. By taking these steps, you can upgrade Internet speeds in your credit union, leading to better service delivery and a satisfying experience for members.