New Perspectives on Non-cyclical Fee Income

50 %
50 %
Information about New Perspectives on Non-cyclical Fee Income
Business & Mgmt

Published on February 21, 2014

Author: NAFCUServices

Source: slideshare.net

Description

Fee income is a key component of a credit union’s finances. Most of a credit union’s fee income is derived from cyclical sources, such as mortgages or car loans. When those markets collapse or change, the fee income invariably does as well. Punitive fees, such as non-sufficient fund fees, are under increasing scrutiny and regulation by the CFPB. As the financial landscape for fee income changes, credit unions must look to other fee income for stability and certainty. The solution is non-cyclical fee income, which can predictably generate year over year growth.

This webinar examines non-cyclical fee income—what it is, how it works, and why it is critical to a credit union’s long term financial stability. Find out how offering insurance products that your members are required to purchase—auto and home—provides a steady stream of annuitizing fee income where more than 80% of the fee income generated in a prior year repays in the next year.

This is the fifth installment of the Insuritas E-commerce Learning Series.

Presented by Insuritas and NAFCU Services, this webinar is offered at no cost to the credit union community.

Add a comment

Related presentations

Related pages

New Perspectives on Non-cyclical Fee Income ...

Fee income is a key component of a credit union’s finances. Most of a credit union’s fee income is derived from cyclical sources, such as mortgages or ...
Read more

New Perspectives on Non-cyclical Fee Income (Webinar) | NAFCU

This webinar examines non-cyclical fee income—what it is, how it works, and why it is critical to a credit union’s long term financial stability.
Read more

New Perspectives on Non-cyclical Fee Income - CUInsight

Please wait while you are being redirected to your content. If you are not redirected within 5 seconds, please click here.
Read more

Insuritas E-commerce Learning Series | Insuritas | NAFCU

About the Insuritas E-commerce Learning Series. ... February 20 – New Perspectives on Non-cyclical Fee Income ...
Read more

Desjardins Shakes Up Market with State Farm Canada Buy

... Alberta and New ... “This will remind credit unions in the U.S. how vital non-cyclical fee income will be to ... New Perspectives, ...
Read more

Equity: U.S. Consumer Non-cyclicals ETF: Holdings, Quote ...

Consumer non-cyclical funds ... Fidelity’s new offering, FSTA, charges the same low fee as VDC and ... for vanilla exposure to consumer non-cyclicals, ...
Read more

The Financial Sector Is the Greatest Parasite in Human ...

New Economic Perspectives. Dedicated to modern money theory ... the role the financial sector plays in exacerbating income inequality. In fact, ...
Read more

CU Alliance Inks National Insurance Pact - cutimes.com

... thanks to a new ... credit union partners with an insurance solution to help drive a new source of non-cyclical fee income. ...
Read more