I think that it’s safe to say that credit unions all over the world seek new and innovative ways to increase loan production, and although this is not the intent of the CORE Loan it will be an ancillary benefit of the product.
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How does a Credit Union truly “live”? We live through growth, growth inspired by change and change aligned with our Missions and Visions.
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Credit Unions everywhere are looking to instill a sales culture while protecting the member service excellence that differentiates us as an industry. For credit unions looking for increased sales, I suggest developing comprehensive metrics that measure the successes of your front line employees to ensure they are providing superior member service through offering your organization’s full suite of products.
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Sitting across the desk from our CEO, all I remember hearing was, “Andy, you are the new Vice President of the CUSO. You need to spend all day, every day making sure our CUSO makes us money.” I suppose this is where my CUSO Project began.
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In today’s world of constant, fast-paced change, it’s becoming increasingly harder to keep up. With a large number of the baby-boomers preparing to retire, what is your credit union doing to prepare the up-and-coming leaders of tomorrow to take over the reins?
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In June I got a dreadful little postcard stating that I had to pay $100 to renew my license plates. Instantly it made me think of much cooler ways of spending that cash. Now, the $100 didn’t break the bank and it’s one of those things you just have to pay.
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The day I found the inspiration for my project is a day I won’t forget. After attending my first Boot Camp made possible by the Wisconsin Credit Union League’s Young Professional Network this past fall, I knew I had to share this inspiration and passion with others.
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Imagine your credit union experiencing 18% net loan growth, a younger demographic profile with 5% member growth, and a 62% increase to your bottom line in a matter of a year. This is the projected outcome of Power Credit Union’s rebrand - “Life is calling.” Do these figures persuade you to answer?
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I love to find ways to connect my personal and professional life. At the end of the day, I want to inspire kindness. I’m also very passionate about credit union principles and philosophy. I admire how we use our business model for the greater good.
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National campaigns have helped give the Credit Union movement a unifying voice and a message to engage and empower members. However, research has shown that many members still cannot accurately describe the Credit Union difference and PSCU recently stated that 71% of millennials do not know what a credit union is.
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