Pockets of opportunity exist within nearly every credit union’s credit card portfolio. To find them, cards teams must turn over even the most lackluster of stones. In credit card terrain, these stones are those [...]
Even for those credit unions not interested in selling off credit card portfolios, it's advisable to keep them attractive in case the time arises to sell them. Valuing a credit card portfolio can be a [...]
Although a credit card portfolio can be a financial institution’s (FI’s) most lucrative asset, generating up to 25 percent of an FI’s net income, it is often overlooked. Community FIs can easily [...]
Pockets of opportunity exist within nearly every credit union’s credit card portfolio. To find them, cards teams must turn over even the most lackluster of stones. In credit card terrain, these stones are those [...]
Your financial institution’s (FI’s) credit card portfolio can be your most profitable product, generating up to a quarter of your total net income. If your credit union or community bank’s credit card [...]
BY DAVID MORRISON A surprising number of credit unions still don't seem to take management of their credit card portfolios seriously, according to card consultants who regularly work with credit unions to improve their credit [...]
BY MICHELLE A. SAMAAD We asked Brett Jorgenson, chief lending officer at the $1.1 billion Gesa Credit Union in Richland, Wash., and last year’s Trailblazer Lending Officer of the Year, about loan portfolio [...]
