Earning auto loans at your credit union is important. It’s a primary role of your lending team, whether you focus solely on direct loans or also work with dealers through an indirect channel. And to maintain revenues, it gets substantial resources across the institution. What about all the members who…
Best Data Management System Vendors for Banks and Credit Unions
Data. Your institution has lots and lots (and lots) of it. Every day, you capture more. And this goes beyond account holder transaction activity (of which there’s a lot). Data builds in the form of car loan applications, whether approved (and abandoned), denied, or booked. Then you must consider all…
Direct Marketed Life Insurance for Your Financial Institution
Life Insurance: The Need Only 59% of Americans have any type of life insurance. That’s a concern, and it goes deeper. According to life insurance industry group, LIMRA, nearly half of U.S. households are underinsured, with an average coverage gap of $200,000. This brings to mind GoFundMe campaigns for funeral…
Best Payment Protection Providers & Insurers (2023)
Credit Insurance and Debt Cancellation are evolving products. So a “set and forget” strategy is no good for anyone. Like everything else you manage, it demands regular evaluations to answer three questions: Funny, you just explained the purpose of our Learning Library. “Due Diligence. Made Easy.” It’s more than our…
Best Collateral Protection Insurance & Vendor Single Interest (CPI/VSI) Providers (2023)
CPI or VSI…These Are Your Best Provider Options Does your institution love their CPI program? Maybe you’re all about blanket-coverage VSI. Either way, it has to be a great experience for all parties, while performing at or beyond expectations. And serving your mission dutifully. If that’s not the case, it’s…