The time has come. Your team decided data integrity and access was crucial, so your financial institution is setting up a data management system. That’s fabulous! So what’s involved? And where do you start? Great questions. Before we can dive into any one system (or approach), it’s essential you have…
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…
In previous articles, we discussed the 5 Steps to Protecting Members Using Your VSC program and also with GAP & Depreciation Coverage. Then we looked at how Payment Protection specifically is a tool for Financial Empowerment. Here, we will cover the 5 steps you can take to help borrowers by…
In this article, we will provide you with 5 essential steps you can use to better protect auto loan borrowers…and your institution! Have you read the short “introduction” article GAP & Depreciation Coverage: What Sets Them Apart? All set? Perfect. Here We Go! Before we start, just one question: Is…
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….
