Revenue Strategies for the Current Economic Climate and Beyond

on "February 26, 2021 3:00 pm"

Credit unions continue to see declines in lending and other fee income.  Learn what your credit union can do to utilize alternative sources of income to generate potentially better returns with some additional risk in the webinar, “Revenue Strategies for the Current Economic Climate and Beyond”, presented by CUNA Mutual Group.

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Discover what your credit union can do with excess cash on hand, including:

  • Investing outside the limitations of Parts 703/704 to help offset expenses for executive and employee benefits—and your CU’s charitable donations
  • Taking advantage of funding options such as Business-Owned Life Insurance (BOLI), annuities, trading stocks and bonds and FASB-compliant equities
  • Structuring a funding program that is compliant and fits with your strategic goals
  • What to do if you get another wave of cash flowing in due to additional stimulus checks

Hear how other Hawaii credit unions have implemented these strategies.  Please contact Member Relations Officer Becky Jandoc for a link to the recording.