Credit Union Strategic Planning

Credit Union Strategic Planning. Financial wellbeing for all The credit union movement operates under a significant and growing threat of changes to its tax status and regulatory reforms that could greatly impede its ability to serve members IT security CISOs ransomware and people power The past year saw credit unions addressing new cybersecurity challenges created by the coronavirus (COVID19) pandemic realities of remote work closed branch lobbies and skyrocketing adoption of digital channels and tools The agile workforce The pandemic elevated human resources (HR) to become the “brain and heart” of credit unions as COVID19 upended business practices says Brandi Stankovic EdD chief strategy officer/chief operations officer for CU Solutions Group Advocacy The new reality The party in power sets the legislative agenda which means Democrats will control what legislation can be brought to the House and Senate floors.

A credit union&#39s strategic plan provides the framework for budget decisions But what is strategy? Strategy&#39s primary purpose is to answer the questionwhat is my credit union&#39s sustainable competitive advantage?.

Credit Union Strategic Planning CU Consultants United States

As you prep and plan to have strategic conversations with your team start with a custom Strategic Planning Trend Report from Callahan This report will be tailored to your credit union’s size location business strategies and areas of strategic focus – and packed with historical data and visualizations that track your progress and compare you with relevant peers.

A Model of Strategic Planning Credit Unions

Clearwater Strategic Plan 20202024 | Page 1 Part 1 – Diagnosis Clearwater is a 64year old credit union the secondlargest credit union in Montana and the state’s largest DFI Recent economic performance has been solid our balance sheet has been growing at approximately 6% per year loan balances.

Clearwater Strategic Plan 20172021

Credit Union Strategic Planning helps credit unions achieve their full potential Contact us today to find out more.