Your CU is leaving money on the table! Why do you offer a range of insurance products? In our discussions with clients over the years, these are the normal answers: Offset CU risk Protect members Earn non-interest income Does this seem about right to you? In a classic situation, the…
Take your Guaranteed Asset Protection to New Levels Guaranteed Asset Protection (GAP) is simple! Right? It’s great at generating non-interest income and protecting your loan portfolio (along with your members). Yet keeping it all “above water” may not be as easy as you think. We put together 5 recommendations to…
Misinformation Abounds We live in an age of information, yet there’s so much that’s blatantly false, or deliberately misleading. You know it just from sifting through content online. Vehicle Service Contracts are no exception. Though not here in the GreenProfit Learning Library! If you’ll recall, we even made a guide…
Car Shopping: Credit Union Members Do It That’s exceedingly obvious. Of course members shop for their cars! Only, where? If they’re anything like 95% of people, they go online. To car buying websites. And do those car buying services direct them to your credit union for loans? That’s a hard…
What’s a Vehicle Service Contract? 10-Second Review. A Vehicle Service Contract is an insurance-backed product designed to protect the car buyer from the financial risk of covered mechanical breakdowns. Ok, that’s a complex-sounding explanation. Here’s a super-simple version: A VSC helps pay for fixing a car if it breaks. The…
