JMFA
Credit union vendor contract negotiations and overdraft consulting
Who is JMFA?
For decades, JMFA has helped credit unions to better serve their account holders with a fully disclosed overdraft solution—including the industry’s only 100% compliance guarantee—and to save on vendor contract negotiations.
JMFA continues to be one of the most trusted names in the industry. Whether it’s recovering lost non-interest income, providing a better member service or negotiating the very best deal with your vendors, JMFA helps you achieve measurable results with proven solutions.
How a strategic alliance with JMFA benefits credit unions
Since we began our strategic alliance with JMFA in 2003, they have provided consistent, exemplary results for the credit unions they assist. With JMFA, credit unions can save time and money, minimize regulatory scrutiny, identify new savings opportunities and strengthen and protect income.
JMFA provides comprehensive consulting and in-depth analysis to identify more significant opportunities specifically for your credit union. They work on performance-based fees and monitor success on an ongoing basis to ensure results.
Why choose JMFA
JMFA’s comprehensive approach sets them apart. The JMFA team is with you from start to finish, tracking and monitoring to ensure results. Every engagement starts with an in-depth analysis of your credit union and your goals. From there, JMFA creates a customized proposal to get you where you need to be based on their insight gained from thousands of successful consulting projects and the latest industry best practices.
The team at JMFA values the same things we do and cares about doing right by credit unions and their members. JMFA values integrity, accountability and transparency—and through those, trust. JMFA knows they only succeed when their clients do, and that’s displayed in every step from initial analysis to ongoing monitoring.
Connect with JMFA
Talk to one of our CUNA Strategic Services alliance managers to learn more about JMFA. We’ll help you identify and evaluate the best solution for your credit union.
JMFA has exclusive pricing and solutions reserved for CUNA Strategic Services and the credit unions and leagues we work with.
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Why DIY Overdraft Programs Fall Flat
Handling overdrafts and NSF remains a supervisory priority. Discover five compelling reasons why choosing a DIY strategy might be the very factor causing your program to underperform.
on-demand webinar
How to Communicate Overdraft Options Successfully
Effective and consistent communication about your overdraft service is critical for your members.
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Four Reasons Why Evaluating Your Tech Stack Should Be on Your Strategic Planning Agenda
Four tips for evaluating your tech stack and contract pricing to stay ahead of the competition.
on-demand webinar
Overdraft Litigation: Evaluating Your Risk Factors
Learn about the latest industry trends in overdraft litigation, ways to reduce consumer complaints, and tips for mitigating risks.
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Are Staffing Issues Disrupting Your Digital Transformation Goals?
Tips for how to keep your projects that will enhance your digital capabilities moving and maximize results.
on-demand webinar
Keeping Your Credit Union’s Overdraft Program Compliant
How Vendor Contract Management Benefits Your Credit Union Featured Speaker: Kelly Vick, President, Venminder Contracting and renewals make vendor contract management important for your credit union to successfully manage vendor relationships. And it's more than just negotiating in the best terms. This session will discuss vendor contract management in more detail and dive into what all you should be doing as part of your vendor contract management process, why, and who should be involved.
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Waiting for Overdraft Legislation? Embrace Reform Now or Face the Risks
All corners of the industry seem to be saying essentially the same thing: Reform your overdraft program so it’s more consumer-friendly or put yourself at risk.
on-demand webinar
Uncover Hidden Treasure in Your Vendor Contracts
As financial institutions continue to focus on service delivery, reducing consumer friction and improving efficiencies, it’s important to choose vendors that offer products and services that meet consumer expectations and position your financial institution for long-term growth.
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Is Your Overdraft Fee Viewed as a Penalty or Providing a Service?
It’s all in the eyes of the beholder. Learn more about creating a better experience for your members regarding your overdraft program. QUESTION: When a member overdraws their account, is the overdraft fee considered a charge for using a service or a penalty for having non-sufficient funds?
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Top Digital Transformation Challenges to Address
Just as upgrading technology has become a greater priority for credit unions, inflation, shrinking margins and reduced deposits have slowed or stalled the implementation of new technology. These challenges can be overcome; but first, credit unions need to address three other major obstacles standing in the way of their digital transformation progress: • Core data processing compatibility issues • Resource constraints • Unfavorable vendor contract pricing