Credit unions and community banks routinely do strategic planning – the key word being “routine,” because institutions frequently fail to consider all aspects and possibilities, including the tools you’ll need to get the results you want three to five years from now.
Maple Street has been negotiating with your vendors for over 18 years. We negotiated great results but wanted to see where we could improve, so we took the time to evaluate past negotiation projects to determine if our clients were getting the results vendors promised.
Your critical vendors can potentially have a huge impact on your institution when something goes wrong. Obviously, this isn’t news. They’re critical to your operations, usually have direct access and use of enormous amounts of non-public personal information. These vendors are crucial to your institution being able to serve your members or customers, and if something goes wrong your members and customers won’t blame your vendor – They’ll blame you.
Maple Street and WolfPAC Solutions have joined forces to make it easier for you to have a great combination of superior vendor relationship management and top-level enterprise risk management. Learn about the power of WolfPAC’s services and how, together, we’re empowering credit unions and community banks to thrive.
The phrase cost cutting initiative is used a lot in financial institutions lately. If you’re serious about cutting the kind of cost that will have a real impact on your income statement and balance sheet with real improvement of KPIs like efficiency ratio and ROA, reducing office supplies isn’t going to cut it.
In light of Hurricane Ida, Maple Street will suspend billing for its clients residing in Louisiana – the region hit hardest by the storm – for six months.
WolfPAC is a fully-integrated suite of software and expert advisory services designed to identify the true threats to your business and keep your organization safe. The company has partnered with Maple Street to create a comprehensive vendor management and enterprise risk solution.
In order to ensure your due diligence reviews are fast and easy, Maple Street recommends practices ongoing vendor monitoring. Our CADi software can help you stay on track.
Heartland Credit Union opened in 1948, owned exclusively by its members and located in the heartland of America: Kansas.
In 2014, rkGoBig was founded by a group of six credit unions located in the eastern U.S. with the understanding that together they can develop scale, reduce expenses, and share services to better serve members.
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