Business Advisory Services
Business Services: An Honest Opinion
Entering the business services arena requires a great deal of thought and due diligence. This overview will provide your decision-makers with the facts about the pros and cons of providing member business services.
This frank, two-hour overview provides your credit union board and management team with the pros and cons associated with offering loans and deposit services to member businesses.
This personal on-site presentation will help your management team better understand each of the fundamentals required to offer a successful business services program.
It will provide you with greater insight into each of the operational and marketing aspects associated with business services, including:
The presentation also includes a sample "formal credit memorandum" typically associated with a commercial loan request. This document provides a first-hand look at the complexity of commercial loan requests compared to consider loan requests.
- Initial program costs and expenses
- Revenue potential
- Credit union cultural changes
- Business lending skills and staffing requirements
- Business deposit considerations
- Compliance considerations
The presentation will also include a case study prepared by the Association based on the experience of AmeriChoice FCU, Mechanicsburg, PA. This information is useful in demonstrating both the steps of progression and timeline that is required to launch a successful business services program.
Offering Business Services: An Honest Opinion provides all of the information necessary to make an informed decision ... before making a substantial commitment to offer business services.
For specific pricing or additional information on BAS Training Modules or BAS Business Supporting Services, please contact BAS Director Molly Snody at 800-932-0661 x 5209.
For more information or to get started, please contact your Association Representative at 800-932-0661, or e-mail CUSolutions@pcua.org.
- Business Development / Sales
Assistant Vice President,
800-932-0661 x 5330
Sr. Account Executive