Increase Your Profitability With A

Relationship Pricing Program... Page 2

 

Although a “points” program is a possible option, it is by design more complex, and many credit unions that originally adopted this version found that it confused their staff and members, which made it harder to market the program.

The Keep It Simple Challenge

 

Even the most basic program can become more complex if you are not careful. The potential for complexity increases when a credit union uses a complicated points system, are afraid they are giving their members too much and begin adding restrictions or additional requirements, or micromanage the details and until they have designed the equivalent of a duckbill platypus. It’s worth repeating; keeping it simple is essential.

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