mott-cover

Money on the Table: Credit Union Benchmarks to Size and Identify Revenue Gaps and Opportunities

$395.00

The press is dominated by news of fintech startups allegedly disrupting established financial institutions and stealing customers and profits. While the reality is that these threats are greatly overstated, a very real revenue threat exists today for credit unions: under-performance.

SKU: MOTT-1 Category:

Product Description

15 pages, Download link will be provided after purchase

The press is dominated by news of fintech startups allegedly disrupting established financial institutions and stealing customers and profits. While the reality is that these threats are greatly overstated, a very real revenue threat exists today for credit unions: under-performance.

Underperforming the leaders in the market—in terms of revenue per member, revenue per account, and revenue per employee—can cost a credit union millions of dollars in revenue. Specifically, a credit union with $1.5 billion in assets could realize an additional $10 million in revenue by improving from a 25th percentile to a 75th percentile performer.

mott-oppty-imagefw

This report draws on 2014 Cornerstone Performance Report for Credit Unions benchmark data to identify gaps and improvement opportunities for income in five product areas:

  • Checking accounts
  • Credit cards
  • Investments
  • Insurance
  • Member business lending

Reviews

There are no reviews yet.

Be the first to review “Money on the Table: Credit Union Benchmarks to Size and Identify Revenue Gaps and Opportunities”

Your email address will not be published. Required fields are marked *