Maple Street has negotiated vendor contracts for our credit union and community bank clients for 20 years and, for the last several, we’ve been encouraging a strategy we call “Relationship Contracting.”
Just because you have the latest, most expensive software, doesn’t mean you’ll be able to instantaneously get the results you want. The truth is software ≠ service.
As 2023 begins, credit unions and community banks are facing multiple challenges, including the looming threat of recession, interest rate uncertainty, cybersecurity concerns, and new supervisory priorities for your exam. Many savvy institutions are turning to experts that have the people, tools, and technologies to help with compliance and beyond.
Maple Street expert shares list of basic due diligence you should run on any new vendor you’ll partner with for any length of time.
Maple Street is also devoted to building up the communities we live and work in, and beyond. As we celebrate the season of giving, we’d like to share about our contributions to making the world a better place this season.
With economic uncertainty and intense competition, vendor performance is more important than ever in this competitive market. Maple Street is proud to partner with CCUA to empower its members to thrive with our unique approach to vendor management.
Maple Street’s Performance Addendum uses relationship contracting to more effectively manage vendors.
If you want to stay competitive, your institution needs to upgrade and add digital services. Maple Street’s negotiation services can help.
Maple Street has launched New Vendor Vetting Kits to make risk assessments easier, faster, more effective and consistent with FFIEC best practices.
What if there was another way to provide new and upgraded services, improve your financial condition and, as a result, retain and attract members? You may not be aware, but there IS another way.