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Rogue Federal Credit Union Reporting - Money Mammals Webinar

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Kerrie Davis, Community and Outreach Coordinator at Rogue Federal Credit Union, a Money Mammals Saving Money Is Fun Kids Club partner, talks about the importance of reporting and how it can help you see just how profitable a kids club can be.

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Rogue Federal Credit Union Reporting - Money Mammals Webinar

  1. 1. Reporting
  2. 2. Track New Membership Growth <ul><li>Track new membership growth in the Money Mammals Saving Money is Fun Kid’s Club from the date of launch </li></ul><ul><li>Compare it previous years </li></ul><ul><li>Keep track of average member age </li></ul><ul><li>Compare it to other age groups </li></ul>
  3. 3. Track your new memberships   257 526 475 482 372 Total for the Year                   44 45 59 32 December     37 26 23 24 November     47 51 36 25 October     49 28 42 18 September     39 43 49 42 August     48 61 40 28 July     44 43 36 38 June   44 39 26 26 29 May   41 38 38 52 37 April   67 65 36 48 43 March   50 40 35 29 21 February   55 36 43 42 35 January 2011 2010 2009 2008 2007 2006-Kitty Club Memberships by Month and Year
  4. 4. Average Member Age Analysis
  5. 5. Track Deposit Growth
  6. 6. Comparisons are Important February 2009 Kid’s Club vs. High School Memberships $ 808,031.00 $ 1,410.08 573 Other Shares (Certificates) $ 29,511.75 $ 4,918.00 6 Money Maker $ 858,091.58 $ 392.72 2185 Shares Total Share Balance Avg. Share Balance # of Accounts February 2009 $ 715,401.00 $ 3,096.00 231 Other Shares (Certificates) $ 173,134.00 $ 6,925.00 25 Money Maker $ 154,846.00 $ 298.00 519 Checking accounts $ 797,753.00 $ 496.12 1608 Shares High school accounts Total Share Balance Avg. Share Balance # of Accounts February 2009
  7. 7. Comparisons are important May 2010 $ 770,774.77 $ 1,324.00 582 Other Shares (Certificates) $ 95,591.00 $ 15,931.90 6 Money Maker 1,167,421,68 $ 495.56 2351 Shares Total Share Balance Avg. Share Balance # of Accounts May 2010 SMIF CLUB $ 592,099.00 $ 2,632.00 225 Other Shares (Certificates) $ 172,588.00 $ 7,844.00 22 Money Maker $ 119,757.00 $ 182.84 655 Checking accounts $ 839,156.37 $ 476.52 1761 Shares High School accounts Total Share Balance Avg. Share Balance # of Accounts May 2010
  8. 8. Youth Memberships and Parent/Joint Memberships <ul><li>Money Mammals </li></ul><ul><li>January loan balances $497,601.00 April Loan Balances $212,749.00 </li></ul><ul><li>January Share Balances $ 88,861.00 April Share Balances $206,219.00 </li></ul><ul><li>12-14 year old youth </li></ul><ul><li>January Loan Balances $ 3,313.00 April Loan Balances $ 8,670.00 </li></ul><ul><li>January Share Balances $ 25,298.00 April Share Balances $ 4,449.00 </li></ul><ul><li>15-18 year old youth </li></ul><ul><li>January Loan Balances $ 28,222.00 April Loan Balances $158,514.00 </li></ul><ul><li>January share balances $ 25,298.00 April Share Balances $ 22,891.00 </li></ul>Loans and Shares that Parents/Joints have or bring over when opening a new Money Mammals Saving Money is Fun Kids Club
  9. 9. Why? <ul><li>Keeps your Executive team and board of Directors informed about the value of the kids club </li></ul><ul><li>Helps you to evaluate your needs </li></ul><ul><li>Helps to support your budget requests </li></ul><ul><li>Helps you to launch programs during critical times during the year </li></ul><ul><li>Helps you to see swings in your deposit growth and membership growth </li></ul><ul><li>Develop reports on all of your critical age groups to keep informed </li></ul><ul><li>Money Mammals, 12-14, 15-18, 19-24 </li></ul>

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