Dec. 3, 2012


  • Good article. It's nice to see a great example of a credit union having success while helping members that otherwise might be getting taken advantage of with higher rates, etc. When you say: "We don't incentivize them on loans made, we incentivize them on application decisions", how do you do this? Do you monitor the loan to make sure it is paid by the borrower before rewarding the incentive? I like the idea, just want to gain some insight as to how it can be implemented.