Pros & Cons of Disaster Mortgage Insurance

Woman Reading on Tablet - Disaster Mortgage Insurance Pros and Cons

Disaster Mortgage Insurance. Sounds important. But if your member has a mortgage, they already have homeowners insurance; it’s required. So who cares? Why consider another layer of protection? Wouldn’t the benefits be included in a typical homeowner’s policy if it really mattered? And most importantly, if a member wanted it,…

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Pros & Cons of Data Management Systems You Need to Know

Data Cycle Across Devices and Cloud

Your financial institution has more data on your account holders than Amazon does on their customers. How are you taking advantage of that superpower? If you’re like most institutions, you have a kryptonite standing in the way. Your data is not in a form you can use to create x-ray…

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The Pros & Cons of Text Messaging for Financial Institutions

Man Text Messaging on Phone Horizontal

Beyond a Fad, Texting is a New Normal Did you get the message? We’re back again to talk text messaging and your financial institution. This time, we review the pros and cons, while uncovering texting’s many uses throughout your institution. 9 out of 10 consumers want to use text messaging…

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Collateralized Mortgage Obligations (CMOs) for Financial Institutions

Money Stacks and Wooden House model

Your mission is all about helping people thrive through a range of financial milestones. To continue this effort, you must remain solvent and profitable. A concept called Collateralized Mortgage Obligations might just help advance both goals. Read on to learn if this investment strategy makes sense for your bank or…

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5 Certificate Investments To Consider For Your Financial Institution

Stack of Coins In Front of Clock

“Diversification is the most important component of reaching long-range financial goals while minimizing risk.” That’s what the experts say. I believe it. What about you? It’s the old, “don’t put all your eggs in one basket.” You’re about reducing risk. Yet you also want to earn a return. That’s fair….

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