Business plans and projections are not only a regulatory requirement but they are also a vital business tool for any Credit Union. We can take the Board and Management through every step of the process so that the plan and projections reflect the Board’s views and plans.
Our projections are developed using our CU-PRO Credit Union Projection Model. We developed CU-PRO using our in-depth Credit Union knowledge and expertise which we have built up over the last 20 years. This model was created specifically for Credit Unions. The model builds up the projections based on a series of different questions specific to your Credit Union. The model can handle all types of different credit union services including different loan and share products using different interest/dividend rates. The projections also show your projected capital and liquidity ratios for each year of the plan so you can judge how your decisions will impact on regulatory compliance.