Written by Jon Jorgenson, Co-Founder of Credit Unions First
What do your members expect from their Credit Union – Transparency.
What do Examiners and Regulators require from Credit Unions – Transparency.
What should Credit Unions demand from their outside providers – Transparency!
As a former trainer in finance sales, I learned the more you disclose, the more people are comfortable with their decisions and usually choose more services or products to purchase. Honesty and transparency create trust and relationships.
At Credit Unions First, we believe in Transparency as we built a Risk Management Platform that discloses the important data for you to make the best decisions.
- Does your current provider deliver daily information on the success or failure of the products or services you provide to your members?
- Do you have a say in your services/products?
- Can you design what you want?
Our platform provides this level of transparency.
With this information readily available, you can make decisions immediately instead of reacting to losses that took place months ago, usually 90 to 120 days.
Moving forward, Credit Unions should demand more from their providers; Direct, Own, and Control.
It’s time Credit Unions became a Partner and not a client.
