More and more, credit unions and financial institutions are beginning to recognize and embrace their role as financial educators. You are no longer simply the provider of checking accounts, credit cards, and auto and home [...]
by: Adria Salas Investing in technology resources can be a big decision for a lending institution—or any business for that matter. Depending on the type of resource, it can be a large monetary investment, [...]
Would you rather be viable or lovable? MVP vs MLP If you are involved with your credit union’s new product development efforts, you’re likely familiar with the term Minimal Viable Product (MVP). MVP [...]
by: David Karl During my days as an independent consultant, companies most often asked me to help them build their strategic direction. My first question was as reflexive as swatting a mosquito on the back [...]
If your credit union doesn't already take advantage of tax season to rev up auto loan promotions, now is a good time to start. According to the IRS, so far, the average tax refund is $[...]
by: Greg Hermanson You have worked hard to get your company on the map by offering an innovative product or service in demand. You strive to keep competitive in your field by hiring the best [...]
by: David Karl A little over a month has passed since we rang in the new year and set personal goals to make 2015 the best year yet. So, how are your resolutions going? Good? [...]
As gas prices have dropped to levels not seen since 2009, consumers and many businesses, such as those in the transportation industry, are enjoying a welcome cash flow. With oil prices at $46 per barrel [...]
If you're a manager or a leader of your business, you probably feel the pressure to be a good boss. However, the adjective "good" is a relative term. There are many obvious qualities of good [...]
by: Chasity Monk When coaching our financial institution clients on how to sell SWBC’s products (like GAP, MMP, credit life insurance, etc.), our training team encourages participants to provide ongoing feedback. We want to [...]
Did you know… You may be taking large risks with your supplemental executive benefit plan. Are you aware of all the risk you may be taking? As an executive covered under a supplemental benefit plan, [...]
by: Cyndy Stewart The process for collecting past-due loan accounts is extremely challenging for many financial institutions. It can be tedious because most institutions use a manual rather than an automated process, leading to low [...]
by: Norman Paul Payroll is often one of the largest expenses associated with running a business. Of course, wages and employment taxes make up the lion’s share of your payroll costs; however, the hidden [...]
by: Matthew Pompa "Shoot. Edit. Repeat." This is a mantra that aspiring filmmakers use as inspiration to reach their dreams, and it's put into practice most often by YouTuber Ryan Connolly of Film Riot. Although [...]
by: Mike Dorsett In our last post, we discussed the benefits of utilizing participation loans. A loan participation is an instrument that allows multiple lenders to participate or share in the funding of a loan. [...]
