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Coffee Chat: Debt Collection Action Plan for Credit Unions

Published: August 8, 2024 by Laura Burrows

With the noticeable uptick in delinquencies, credit unions face more significant hurdles in effectively managing overdue accounts. In this challenging financial landscape, it’s imperative that you refine your account management processes to remain competitive, preserve the well-being of your members, assure operational efficiency, and increase profitability.

Implementing efficient collection approaches not only improves loss rates but also helps with member retention, which is the backbone of your success.

Grab a cup of coffee and join our experts on August 22 @ 1:00 p.m. ET/ 10:00 a.m. PT, for an engaging conversation on credit union collection trends and successful account management strategies.

Highlights include:

  • Current landscape: Gain valuable insight and understanding into the current debt collection environment for credit unions.
  • Navigating challenges:Discover effective tips and strategies to tackle obstacles in your business, improve loss rates, and enhance member retention.
  • Real-time Q&A: Participate in a live Q&A session where our experts will address your questions.

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