Video banking is emerging as a critical banking channel with more than 80% of credit unions planning to offer it as they see an opportunity to enrich the member experience, increase cross-selling and upselling, and optimize the utilization of their staff.
As you build your video banking strategy and plans, you'll want to leverage Vidyo's essential “How to Implement Video Banking” guide where you'll discover a 7-step approach that has been proven with hundreds of financial institutions.
The emergence of loan participation platforms will spur involvement among a greater number of institutions.
By deploying 10% of excess capital in loan participations, credit unions could boost return on assets (ROA) by nearly 50% and return on equity (ROE) by 40%. Read insights from credit unions currently active in participations along with ROA models, participation pitfalls, and the future outlook on loan participation pools.