Tuesday, March 22, 2011

Building a Credit Union Strategic Plan

Credit unions are an increasingly popular alternative financial alternative to banks – the key of investment and of money lending and borrowing is the same – the distinction in a credit union is that the members of the establishment are also the owners, making it a community-based organization. Many credit unions are designated non-profit, while others aim to create greater stability by creating a profit margin. Building a credit union strategic plan is a recommended idea for any expanding credit union.

Credit Union Strategic Plan Training

While a credit union may be made of many who have training in finance-related fields, strategic planning is a specific skill requiring a sound understanding of multiple abstract concepts. Global bank training professionals can offer training seminars for credit unions’ boards of directors, and a seminar series covering a selection of topics pertaining to strategic planning can help a credit union to find greater profitability as well as a commonly shared business objective. To learn additional information about a Credit Union strategic plan, kindly visit www.globalbanktraining.com

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