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Allied Solutions, LLC Releases Their Newest Whitepaper, Credit Union Growth Strategies to Remain Competitive Beyond the Pandemic
October 1, 2020 – Allied Solutions, LLC released their newest whitepaper, Credit Union Growth Strategies to Remain Competitive Beyond the Pandemic, which shares strategies to help credit unions overcome challenges brought on by the COVID-19 pandemic. The whitepaper is broken-up into the following sections:
- COVID-19 Impact on Credit Unions:
- Impact on Lending
- Impact on Deposits
- Additional Market Challenges Facing Credit Unions:
- Expanding Economic Constraints
- Shifting Consumer Needs
- Evolving Competition
- Post-Pandemic Lending Strategies:
- Strategies to Mitigate Lending Risks
- Strategies to Drive Lending Revenue
- Additional Growth Strategies:
- Deposit Strategies to Increase Income & Liquidity
- Digital Strategies to Enhance Member Relations
In coordination with NAFCU, Allied Solutions will also be presenting a webinar on Creative Growth Strategies for COVID-19 and Beyond on October 20, 2pm-3pm ET. In this panel discussion, credit union leaders will introduce strategies that have helped them throughout the pandemic. Key topics will include:
- Successful lending growth and risk mitigation strategies
- Digital and account strategies driving member activity and sales
- Tips for responding to current trends and planning for the future
Visit Allied Solutions’ partner page to access these and other educational resources.
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About Allied Solutions Allied Solutions, LLC is one of the largest providers of insurance, lending, and marketing products to financial institutions in the US. Allied Solutions uses technology-based products and services customized to meet the needs of 4,000 clients, along with a portfolio of innovative products and services from a wide variety of providers. Allied Solutions maintains over 16 regional offices and service centers around the country and is a subsidiary of Securian Financial Group, Inc. Allied Solutions is NAFCU’s Preferred Partner for Bond, Creditor Placed Insurance (CPI), Guaranteed Asset Protection (GAP), and Mechanical Breakdown Protection (MBP). |
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