It’s not usual for a financial institution to discover most of the revenue generated by its prepaid card portfolio comes from a small number of cardholders. Here again, the 80-20 rule holds true. Yet [...]
Several mainstream media outlets have noted credit cards accounts are on an upward trend. If growth continues at its current rate, accounts will exceed 2008 numbers in the next 12 to 18 months. Are you [...]
Want to realize the benefits that come from tapping into a new market? Look no farther than your onboarding strategy. Strategic onboarding plans are one of the most effective sales strategies for credit unions. It [...]
The credit card portfolio of 1st United Credit Union, an $850 million California-based cooperative, appeared at first glance to be packed with faithful cardholders. After all, the average months on book for matured cardholders was [...]
by: Karen Bhalla Dashboard tools are critical to many organizations, especially community-based financial institutions. Credit unions and similar institutions are held accountable – not only by internal teams, but also by regulators – for monitoring a bevy [...]
