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![]() Current Credit Union Economic Environment To coin a phrase: The Times, They Are A Changing! Fewer credit unions; more competition; changing member demographics. Are you keeping up with the times and the current economic outlook? Evolution in Overdrive We discuss the sustainability of credit union small business lending and what the commercial bankers don’t want you to know. This session covers collaborations, mergers and multi-owned CUSOs. Small Does Not Mean Dead It’s no secret that being a smaller credit union in today’s world has its challenges. The ongoing threat of taxation, growing competition, economies of scale, advancing technology and limited budgets are all too real for the smaller credit union. But, does “small” have to mean “dead”? Come prepared to learn how to identify and market your strengths, and how to turn your biggest obstacle – your size – into your biggest competitive advantage. It Ain’t Never Gonna Be 1960 Again “We had a great credit union in 1960.” “We knew all of our members by name.” The credit union environment is changing, and in the long run, it does not matter what you did to be successful yesterday - it only matters what you will be doing to be successful tomorrow. Credit union members, staff members, the regulatory climate and technology are constantly changing. It is only natural that the strategies we employ to ensure success in the new millennium change too, because “It Ain’t Never Gonna Be 1960 Again.” Web Banking Does your strategic plan include Growth, Efficiency and Profitability? Are you being challenged to become more efficient and productive, while increasing membership, deposits and loans? If you have answered "Yes" to any of these questions, you need to consider web based software for member acquistion, deposits and lending automation and cross selling. The internet has already transfromed our lives...this presentation will address how it will help you reach these goals through the implementation of web banking technology within your credit union. |
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