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AICPA National Conference on Credit Unions 2014 - Virtual


Best Practices in Profitability


Oct 21, 2014 2:55pm ‐ Oct 21, 2014 4:10pm

Description

Significant pressures including margin compression, declining non-interest income, and expanding technology and compliance costs continue to impact the performance of credit unions. It is essential that profitability be assessed not only for the organization as a whole but also at the level of products, members and business lines. This session will examine the key elements impacting profitability today and what steps a credit union can take to improve its financial performance. In this session, you will learn:

  • The key factors impacting profitability today and moving forward
  • What the key steps are that management can take to improve financial performance
  • How credit unions should view member profitability in the short and long term

Speaker(s):

  • Bill Handel, General Manager and Chief Economist, Raddon, A Fiserv Company

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