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Mortgage lending helps drive the loan portfolio to new heights while membership engagement deepens at cooperatives over the decade following the Great Recession.
Understanding key performance metrics will help gauge early successes and identify any operational adjustments needed to achieve strategic goals.
A new approach to the credit union basics of people and finance helped this West Virginia cooperative turn six-figure losses into seven-figure gains.
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Metrics to evaluate credit union marketing spend and bridge the gap between macro trends and micro performance.
The Memphis credit union has improved retention, electronic services, and accounts per household by delivering the right messages to the right members.
Credit unions need to value service as much as profitability and be able to show it.
Credit card programs are obviously different from all other loan products: they provide open and available credit lines for many years, to be drawn at the cardholder’s discretion, while being completely unsecured.
The session will include a tutorial on how to develop a profit and loss statement as well as instruction on how to identify what information you need and where to find it.
Here are some time-tested ways to research, communicate, and “close the sale” that works for the debtor and the credit union.
An outdated brand detracts from your bottom line. Here are four questions you should ask to determine whether your credit union needs a brand update.