Income Improvement and Growth Strategies
Field of Membership Expansion
Whether your credit union membership base is getting older and you’re looking to bring some new life into your credit union, or your membership is younger and you’re looking for ways to attract more established members, we can work with you to expand your field of membership. Our consulting experts can guide your credit union through the process and help you prepare the necessary paperwork for any NCUA or state applications.
Income and Capital Improvement Strategies
If your credit union is experiencing low earnings or slow loan growth, Strategic Services can analyze your potential for increasing income and decreasing expenses and grow your loan portfolio. Now more than ever, examiners have been stressing the need for CEOs to focus on their income and expense strategies.
Working with our Income and Capital Improvement Strategies experts will give your credit union the proven strategies it needs to grow.
Functional Cost and Product Cost Analysis
Discover how much income you’re earning from each of your products and services with our Functional Cost and Product Cost Analysis. It breaks down what your income and expenses are individually. This enables your credit union to make adjustments where necessary and ensures that you’re providing value to your members and income to your credit union’s bottom line.
Asset Liability Management Consulting
Our Asset Liability Management (ALM) program provides your credit union with the tools it needs to assess any asset or liability risks. ALM consulting services include spread analysis, net margin improvement strategies, enhancing your loan and deposit portfolio mix for greater profitability, capital net worth and net economic value (NEV) ratio improvement, key ratio analysis, projected balance sheets and income statements, and best practices for return on assets (ROA) improvement.
Loan and Deposit Growth Consulting
Is your credit union trying to determine how to increase its loan or deposit portfolio, what type of products to promote, or what rates and terms it should offer? Our Loan and Deposit Growth Consulting services can help you answer these questions. We provide industry and peer analysis that will allow your credit union to uncover success and growth opportunities. You’ll also learn of the potential income and credit risk for your loan products, your projected cost of funds and the ROA impact from deposit growth.
