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Lending Strategies That Generate a Quick Return (Part 1 of 2)

Lending Strategies That Generate a Quick Return (Part 1 of 2)

If a credit union finds itself with a budget surplus and ROI is a must, where should it look to invest in the short term?† Iíd suggest two primary strategies to produce a quick return. The first would be to optimize existing systems, and the second would be to invest in self-funding initiatives. When optimizing…

The Quest for A Simplified Lending Experience

The Quest for A Simplified Lending Experience

Published in Lending

Iíve read a number of credit union industry articles recently that focus on the rise of consumer peer to peer (P2P) lending/marketplace lenders, usually with speculation about when these new competitors will start impacting our industryís loan volume.† Thatís a fine discussion to have, but what seems to be lacking is an in-depth conversation around…

Embracing Technology to Assess Risk and Improve Your Competitive Edge

Embracing Technology to Assess Risk and Improve Your Competitive Edge

Have you ever bought a new car and, like me, just hopped in and started driving without reading the ownerís manual to discover what features and options the vehicle had?† Months, and maybe years, go by without knowing you have some really cool features.† Or maybe, you have a feature you know about, but you…