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New Perspectives on Non-cyclical Fee Income


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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.

Published in: Business
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