New economic reports about the impact of the coronavirus pandemic continue to indicate that finding ways to improve earnings will be imperative to weather the storm. As you know, with a slower economy it’s going to take agility, adaptability and an “all hands-on deck” approach to get through this. A fresh look at your overdraft strategy could be the key to recovery. We can help you provide more value to members and keep your credit union’s performance on track.
Please join us for a webinar on Thursday, September 17th at 10 EST
WEBINAR: COVID Recovery—How JMFA can Help
Key discussion points will include how to improve non-interest income without increasing fees. Plus we will dive into the benefits of disclosure when it comes to your overdraft program which creates a better member experience. Additionally, you'll learn how to mitigate risks, leverage data to identify opportunities that will improve service delivery and positively impact your bottom line.
Watch these videos to learn how JMFA can help your credit union.
JMFA is proud to be a preferred provider for the MD|DC Credit Union Association.
Complete the form below to attend the webinar on September 17th at 10 am EST.
Check out the latest insight from our team to help you achieve measurable results!
Contactless payment cards and digital services used to be a luxury but now they are must-haves to keep up with consumer preferences. Find out what contactless payment cards are all about, the benefits, and the reasons why you should issue them ASAP. You would be surprised that it takes little work on your part to offset the costs of issuing contactless cards. With savings from contract negotiations, the additional dollars could help create stronger value with upgrades like contactless payment cards and improve your bottom line.
As financial institutions continue to address the myriad challenges the pandemic has created for maintaining effective operations, meeting performance goals and account holder expectations still remains top of mind. Following are tips that will help your institution recover lost revenue and provide financial peace of mind for your account holders, when many need it most.
Months after the onset of the Coronavirus pandemic, the added expenses needed to keep staff and consumers safe, and the economic impact of reduced earnings have created performance concerns for many financial institutions. Learn how a review of your existing service contracts can expose a silver lining to the situation by uncovering significant cost-savings, potential monetary incentives and improved vendor relations.
Great service experiences are like glue when it comes to creating brand loyalty—especially when it involves protecting someone’s financial security. Here are three ways to improve your overdraft solution that will restore your account holders’ peace of mind when they have a financial shortfall and create stronger, long-lasting relationships while safeguarding your institution’s compliance and protecting revenue.
The first half of 2020 has been filled with a combination of economic, business and service delivery challenges like we’ve have never seen before. As we reach the mid-year point, here are a few steps your bank or credit union can take to fortify your bottom line, maintain compliance awareness and improve the service experience for account holders in order to face the changing environment with confidence.
Studies show training improves productivity, employee satisfaction, and motivation—all of which boosts staff retention. Training can be one of your best tools for enhancing growth and supporting measurable results. At this time, as we all deal with changes in the workplace environment, leveraging new training opportunities is one way to keep employees engaged and productive. You’ll enjoy hearing from JMFA’s lead trainers as he shares some refreshing perspectives!
Our latest podcast covers ways to address immediate revenue needs by looking at savings opportunities within your vendor contracts. In this episode, you’ll learn useful tips on how to improve the bottom line without putting an extra strain on your internal resources.
Now more than ever, your compliance officer may be struggling to keep up with the massive number of regulatory alerts and changes occurring across the industry. Learn how you can better support their efforts, supplement their expertise and protect against legal scrutiny.
Thinking your bank or credit union isn’t large enough to negotiate major savings on your vendor contracts—especially now with the COVID-19 crisis? Think again. Here are the truths about negotiating that you can’t afford to ignore.
Learn from Cheryl Lawson, Executive Vice President of Compliance, three precautions you can take to mitigate risk from Overdraft/NSF fee demand letters as plaintiff attorneys have become more aggressive.
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