Why offer VSC? Protect your members, right? By design, a Vehicle Service Contract helps: Protect your borrowers from the cost of unexpected mechanical breakdowns Protect your credit union from delinquencies and repossessions Generate a source of non-interest income for your credit union That’s a nice set of features to promote….
What’s your take on the small business sector? Are they in need of your financial services? Is there a benefit to attracting them? A lukewarm response to these questions isn’t unusual. Many financial institutions see this segment as high-risk and costly to serve, with low growth potential. Is it true?…
Note: This article is presented in its original form. Some of the market information and health guidance may not be current. Social distance and wear your mask. And continue to serving your members most affected. Original notice from March 2020: GreenProfit Solutions President Joe Winn, Credit Union Geek, addresses the…