SlideShare a Scribd company logo
1 of 16
Payday Loan Considerations for Credit Unions Lois I. Kitsch National Program Manager REAL Solutions ™
Strategy for Financial Success LOW WEALTH FAMILIES EDUCATION CREDIT TRANSACTION SERVICES SAVINGS PRODUCT  AWARENESS COUNSELING STAFF TRAINING PAYDAY ALTERNATIVE SMALL LOANS  USED CAR LOANS  LOAN POLICIES STAFF AWARENESS LOW MEMBERSHIP FEE SAVINGS AWARENESS SAFE ACCOUNTS LONG TERM SAVINGS CHECK CASHING FEE FREE CHECKING MONEY ORDERS REMITTANCES TAX PREPARATION CREDIT UNION HOME  OWNERSHIP HLPR LOAN COUNSELING STAFF TRAINING CREDIT SCORE
Who are these REAL People? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
R.E.A.L. People Use AFS Service Providers ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
A Credit Union Opportunity...  Really ?
Do Our Members Use Payday Lenders YES!!! 100% of Wisconsin Credit Unions 100% of Ohio Credit Unions 100% of Kansas Credit Unions 91% of Maryland Credit Unions Of the 60 REAL Solutions Credit Unions Surveyed
Do Our Employees Use Payday Lenders YES!!! 50% of Wisconsin Credit Unions 67% of Ohio Credit Unions 75% of Maryland Credit Unions Of the 48 REAL Solutions Credit Unions Surveyed
Things to Think about… ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Telling the Story ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Success Stories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sample Success ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
GoodMoney Scorecard ,[object Object],[object Object]
Pennsylvania Credit Unions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Freedom Suite of Products ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Estimated Savings to Members +$500,000
To Learn More ,[object Object],[object Object],[object Object],[object Object]

More Related Content

What's hot

A&N cobranding flyer
A&N cobranding flyerA&N cobranding flyer
A&N cobranding flyer
Larry Levine
 
Social Lending Decision Tree
Social Lending Decision TreeSocial Lending Decision Tree
Social Lending Decision Tree
mhil1
 

What's hot (20)

Credit Repair Service in India
Credit Repair Service in IndiaCredit Repair Service in India
Credit Repair Service in India
 
A&N cobranding flyer
A&N cobranding flyerA&N cobranding flyer
A&N cobranding flyer
 
The Municipal Employees Credit Union Of Oklahoma City (MeCU OKC)
The Municipal Employees Credit Union Of Oklahoma City (MeCU OKC)The Municipal Employees Credit Union Of Oklahoma City (MeCU OKC)
The Municipal Employees Credit Union Of Oklahoma City (MeCU OKC)
 
Consumer Protection Listening Session: How Can You Protect Your Clients From ...
Consumer Protection Listening Session: How Can You Protect Your Clients From ...Consumer Protection Listening Session: How Can You Protect Your Clients From ...
Consumer Protection Listening Session: How Can You Protect Your Clients From ...
 
Financing socent mmu guest lecture nov 2011
Financing socent mmu guest lecture nov 2011Financing socent mmu guest lecture nov 2011
Financing socent mmu guest lecture nov 2011
 
Calstate MBA Lecture
Calstate MBA LectureCalstate MBA Lecture
Calstate MBA Lecture
 
Corporate governance
Corporate governanceCorporate governance
Corporate governance
 
Guide To Understanding Credit Unions
Guide To Understanding Credit UnionsGuide To Understanding Credit Unions
Guide To Understanding Credit Unions
 
Mfa week 3 presentation combined
Mfa week 3 presentation   combinedMfa week 3 presentation   combined
Mfa week 3 presentation combined
 
Session 3 PowerPoint - Susan Lamping
Session 3 PowerPoint - Susan LampingSession 3 PowerPoint - Susan Lamping
Session 3 PowerPoint - Susan Lamping
 
How to Prepare for a Turn in the Credit Cycle
How to Prepare for a Turn in the Credit CycleHow to Prepare for a Turn in the Credit Cycle
How to Prepare for a Turn in the Credit Cycle
 
The Rise Of Credit Unions
The Rise Of Credit UnionsThe Rise Of Credit Unions
The Rise Of Credit Unions
 
John de wit_point_loma_may_4_2011[1]
John de wit_point_loma_may_4_2011[1]John de wit_point_loma_may_4_2011[1]
John de wit_point_loma_may_4_2011[1]
 
Mf transparency presentation slides
Mf transparency presentation slidesMf transparency presentation slides
Mf transparency presentation slides
 
Financing yoursmallbusiness lb-class
Financing yoursmallbusiness lb-classFinancing yoursmallbusiness lb-class
Financing yoursmallbusiness lb-class
 
Delray Credit Counseling
Delray Credit Counseling Delray Credit Counseling
Delray Credit Counseling
 
San diegom fcoursepresentation
San diegom fcoursepresentationSan diegom fcoursepresentation
San diegom fcoursepresentation
 
Social Lending Decision Tree
Social Lending Decision TreeSocial Lending Decision Tree
Social Lending Decision Tree
 
Week one presentation
Week one presentationWeek one presentation
Week one presentation
 
A3: Strength in difference: Practical ways to address board diversity
A3: Strength in difference: Practical ways to address board diversityA3: Strength in difference: Practical ways to address board diversity
A3: Strength in difference: Practical ways to address board diversity
 

Viewers also liked

Viewers also liked (6)

Andy Riley - Return of the Bunny Suicides
Andy Riley - Return of the Bunny SuicidesAndy Riley - Return of the Bunny Suicides
Andy Riley - Return of the Bunny Suicides
 
Ovidio Decroly
Ovidio DecrolyOvidio Decroly
Ovidio Decroly
 
What's Next in Growth? 2016
What's Next in Growth? 2016What's Next in Growth? 2016
What's Next in Growth? 2016
 
The Six Highest Performing B2B Blog Post Formats
The Six Highest Performing B2B Blog Post FormatsThe Six Highest Performing B2B Blog Post Formats
The Six Highest Performing B2B Blog Post Formats
 
The Outcome Economy
The Outcome EconomyThe Outcome Economy
The Outcome Economy
 
32 Ways a Digital Marketing Consultant Can Help Grow Your Business
32 Ways a Digital Marketing Consultant Can Help Grow Your Business32 Ways a Digital Marketing Consultant Can Help Grow Your Business
32 Ways a Digital Marketing Consultant Can Help Grow Your Business
 

Similar to Knowledge Center Payday Loans

Mark S Johnson - Establishing a Family Office Credit Initiative
Mark S  Johnson - Establishing a Family Office Credit InitiativeMark S  Johnson - Establishing a Family Office Credit Initiative
Mark S Johnson - Establishing a Family Office Credit Initiative
Mark S. Johnson (LION)
 
Khai McBride - Mortgage Coach User Summit
Khai McBride - Mortgage Coach User Summit Khai McBride - Mortgage Coach User Summit
Khai McBride - Mortgage Coach User Summit
Mortgage Coach
 
Future-Net Coop
Future-Net CoopFuture-Net Coop
Future-Net Coop
rvcalamaya
 
6 11-13 webinar - Steve Hutchinson - FPN
6 11-13 webinar - Steve Hutchinson - FPN 6 11-13 webinar - Steve Hutchinson - FPN
6 11-13 webinar - Steve Hutchinson - FPN
Steve Hutchinson
 

Similar to Knowledge Center Payday Loans (20)

sbm-powerpoint.pdf
sbm-powerpoint.pdfsbm-powerpoint.pdf
sbm-powerpoint.pdf
 
Credit Building - Neighborhood Partnerships' RE:Conference 2014
Credit Building - Neighborhood Partnerships' RE:Conference 2014Credit Building - Neighborhood Partnerships' RE:Conference 2014
Credit Building - Neighborhood Partnerships' RE:Conference 2014
 
Valuing early stage companies (Venture Fast Track)
Valuing early stage companies (Venture Fast Track)Valuing early stage companies (Venture Fast Track)
Valuing early stage companies (Venture Fast Track)
 
Mark S Johnson - Establishing a Family Office Credit Initiative
Mark S  Johnson - Establishing a Family Office Credit InitiativeMark S  Johnson - Establishing a Family Office Credit Initiative
Mark S Johnson - Establishing a Family Office Credit Initiative
 
2014 small membership survey presentation
2014 small membership survey presentation2014 small membership survey presentation
2014 small membership survey presentation
 
CAAB_AR07_final_web
CAAB_AR07_final_webCAAB_AR07_final_web
CAAB_AR07_final_web
 
Fes corporate overview_2016
Fes corporate overview_2016Fes corporate overview_2016
Fes corporate overview_2016
 
New strategies for onboarding your new members
New strategies for onboarding your new membersNew strategies for onboarding your new members
New strategies for onboarding your new members
 
How To Manage Finances & Funding for Educational Institutions
How To Manage Finances & Funding for Educational InstitutionsHow To Manage Finances & Funding for Educational Institutions
How To Manage Finances & Funding for Educational Institutions
 
StretchPay - Wright Patt FCU
StretchPay - Wright Patt FCUStretchPay - Wright Patt FCU
StretchPay - Wright Patt FCU
 
Khai McBride - Mortgage Coach User Summit
Khai McBride - Mortgage Coach User Summit Khai McBride - Mortgage Coach User Summit
Khai McBride - Mortgage Coach User Summit
 
Financial Literacy Today: NJBTEA and NJAFCS-10-15
Financial Literacy Today: NJBTEA and NJAFCS-10-15Financial Literacy Today: NJBTEA and NJAFCS-10-15
Financial Literacy Today: NJBTEA and NJAFCS-10-15
 
Lending Circles
 Lending Circles Lending Circles
Lending Circles
 
Future-Net Coop
Future-Net CoopFuture-Net Coop
Future-Net Coop
 
Us mexico border alliance
Us mexico border allianceUs mexico border alliance
Us mexico border alliance
 
Organizational Endowments
Organizational EndowmentsOrganizational Endowments
Organizational Endowments
 
Banking Strategies 8 09[1]
Banking Strategies 8 09[1]Banking Strategies 8 09[1]
Banking Strategies 8 09[1]
 
ALCO Process - Funds Management
ALCO Process - Funds ManagementALCO Process - Funds Management
ALCO Process - Funds Management
 
6 11-13 webinar - Steve Hutchinson - FPN
6 11-13 webinar - Steve Hutchinson - FPN 6 11-13 webinar - Steve Hutchinson - FPN
6 11-13 webinar - Steve Hutchinson - FPN
 
Presentation for the SEC - Angel Market in 2014
Presentation for the SEC - Angel Market in 2014Presentation for the SEC - Angel Market in 2014
Presentation for the SEC - Angel Market in 2014
 

Recently uploaded

Recently uploaded (20)

Kurla Capable Call Girls ,07506202331, Sion Affordable Call Girls
Kurla Capable Call Girls ,07506202331, Sion Affordable Call GirlsKurla Capable Call Girls ,07506202331, Sion Affordable Call Girls
Kurla Capable Call Girls ,07506202331, Sion Affordable Call Girls
 
Q1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdfQ1 2024 Conference Call Presentation vF.pdf
Q1 2024 Conference Call Presentation vF.pdf
 
Mahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot Girls
Mahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot GirlsMahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot Girls
Mahendragarh Escorts 🥰 8617370543 Call Girls Offer VIP Hot Girls
 
Webinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech BelgiumWebinar on E-Invoicing for Fintech Belgium
Webinar on E-Invoicing for Fintech Belgium
 
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...Bhubaneswar🌹Kalpana Mesuem  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
Bhubaneswar🌹Kalpana Mesuem ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswa...
 
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
Certified Kala Jadu, Black magic specialist in Rawalpindi and Bangali Amil ba...
 
Strategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate PresentationStrategic Resources May 2024 Corporate Presentation
Strategic Resources May 2024 Corporate Presentation
 
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai MultipleDubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
Dubai Call Girls Deira O525547819 Dubai Call Girls Bur Dubai Multiple
 
falcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunitiesfalcon-invoice-discounting-unlocking-prime-investment-opportunities
falcon-invoice-discounting-unlocking-prime-investment-opportunities
 
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
Famous Kala Jadu, Black magic expert in Faisalabad and Kala ilam specialist i...
 
Significant AI Trends for the Financial Industry in 2024 and How to Utilize Them
Significant AI Trends for the Financial Industry in 2024 and How to Utilize ThemSignificant AI Trends for the Financial Industry in 2024 and How to Utilize Them
Significant AI Trends for the Financial Industry in 2024 and How to Utilize Them
 
logistics industry development power point ppt.pdf
logistics industry development power point ppt.pdflogistics industry development power point ppt.pdf
logistics industry development power point ppt.pdf
 
Thane Call Girls , 07506202331 Kalyan Call Girls
Thane Call Girls , 07506202331 Kalyan Call GirlsThane Call Girls , 07506202331 Kalyan Call Girls
Thane Call Girls , 07506202331 Kalyan Call Girls
 
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
Famous No1 Amil Baba Love marriage Astrologer Specialist Expert In Pakistan a...
 
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...Bhubaneswar🌹Ravi Tailkes  ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
Bhubaneswar🌹Ravi Tailkes ❤CALL GIRLS 9777949614 💟 CALL GIRLS IN bhubaneswar ...
 
Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024Lion One Corporate Presentation May 2024
Lion One Corporate Presentation May 2024
 
Fixed exchange rate and flexible exchange rate.pptx
Fixed exchange rate and flexible exchange rate.pptxFixed exchange rate and flexible exchange rate.pptx
Fixed exchange rate and flexible exchange rate.pptx
 
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
In Sharjah ௵(+971)558539980 *_௵abortion pills now available.
 
Seeman_Fiintouch_LLP_Newsletter_May-2024.pdf
Seeman_Fiintouch_LLP_Newsletter_May-2024.pdfSeeman_Fiintouch_LLP_Newsletter_May-2024.pdf
Seeman_Fiintouch_LLP_Newsletter_May-2024.pdf
 
Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...Collecting banker, Capacity of collecting Banker, conditions under section 13...
Collecting banker, Capacity of collecting Banker, conditions under section 13...
 

Knowledge Center Payday Loans

  • 1. Payday Loan Considerations for Credit Unions Lois I. Kitsch National Program Manager REAL Solutions ™
  • 2. Strategy for Financial Success LOW WEALTH FAMILIES EDUCATION CREDIT TRANSACTION SERVICES SAVINGS PRODUCT AWARENESS COUNSELING STAFF TRAINING PAYDAY ALTERNATIVE SMALL LOANS USED CAR LOANS LOAN POLICIES STAFF AWARENESS LOW MEMBERSHIP FEE SAVINGS AWARENESS SAFE ACCOUNTS LONG TERM SAVINGS CHECK CASHING FEE FREE CHECKING MONEY ORDERS REMITTANCES TAX PREPARATION CREDIT UNION HOME OWNERSHIP HLPR LOAN COUNSELING STAFF TRAINING CREDIT SCORE
  • 3.
  • 4.
  • 5. A Credit Union Opportunity... Really ?
  • 6. Do Our Members Use Payday Lenders YES!!! 100% of Wisconsin Credit Unions 100% of Ohio Credit Unions 100% of Kansas Credit Unions 91% of Maryland Credit Unions Of the 60 REAL Solutions Credit Unions Surveyed
  • 7. Do Our Employees Use Payday Lenders YES!!! 50% of Wisconsin Credit Unions 67% of Ohio Credit Unions 75% of Maryland Credit Unions Of the 48 REAL Solutions Credit Unions Surveyed
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.