For most credit unions, there are hidden savings opportunities within their existing vendor contracts. Is your current debit/credit card processing or core data processing contract up for renewal in 2021 or 2022? It’s possible COVID-19 might have prompted your credit union to change strategic plans, including rolling out new contactless cards or upgrading or rolling out new digital wallet features for members.
JMFA offers a podcast, “Learn the Ins and Outs of Contract Negotiations to Maximize Savings and More.” Listen to this podcast for some real-world examples and practical advice for securing savings in your vendor contracts without creating additional workload. Plus, you’ll learn useful tips on how to improve the bottom line in both the short-term and years to come. Click here for the podcast.
Learn how Greenwood Credit Union secured a $325,000 credit towards future technology investments to enhance their service delivery—$2.2 million was the total savings for the credit union. Read more about their success story.
Please contact your LEVERAGE BDC for additional details:
Karen Frazee firstname.lastname@example.org 850.545.4825
Steve Pullara email@example.com 813.404.6877
Donnette Logan Donnette.Logan@myleverage.com 205.294.4227
Taylor Sheffield firstname.lastname@example.org 205.457.4261