Swaystack

Swaystack

Kohler Credit Union drives faster account activation and $1.4M in direct deposits with Swaystack

Kohler Credit Union identified a growing gap between account opening and true member engagement. While new accounts were being opened, many members weren’t taking the actions that signal a primary relationship. Leaving balances, activity, and long-term value unrealized.

kohler logo

Products used

 

Results at a glance 

22%

lift in online banking adoption

$1.4M

 in annualized deposits from 51 verified direct deposit enrollments

24%

increase in members funding $200+ within the first 30 days

2,200

e-statement enrollments, with 80% occurring inside Q2 digital banking

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The challenge

Account opening wasn’t the issue; activation was.

Despite strong digital banking capabilities, many new members failed to:

  • Enroll in digital banking
  • Download and use the mobile application
  • Set up direct deposit
  • Activate and use their debit card
  • Go paperless

Without clear guidance, members stalled early in the journey, limiting engagement and deposit growth.

The solution

Gamified onboarding embedded directly inside digital banking.

Through Q2 Innovation Studio, Kohler Credit Union partnered with Swaystack to replace static onboarding with guided, behavior-driven journeys embedded directly within the digital banking experience.

Instead of generic communications, members received timely prompts and incentives to complete key actions at the right moment, including:

  • Mobile application download
  • Debit card activation
  • Direct deposit setup
  • Paperless enrollment

The impact

Faster activation. More deposits. Stronger digital adoption.

Digital banking adoption
Swaystack helped convert previously inactive members into engaged digital users, driving a ~22% increase in online banking adoption.

Funding and direct deposit growth
By surfacing funding and direct deposit prompts early in the journey, Kohler Credit Union generated $1.4M in annualized deposits from 51 verified direct deposit enrollments and increased the number of members funding $200+ within 30 days by 24%.

Paperless enrollment
Guided prompts resulted in 2,200 paperless enrollments, with roughly half from existing members and 80% occurring within Q2 digital banking.

Ready to turn new accounts into active, funded relationships?