MADISON, Wis. - The CUNA Councils have released new white papers on evaluating the effectiveness of credit union branches and the viability of corporate universities. Sponsored by the CUNA CFO Council, “Comments on Evaluating the Effectiveness of Branches” addresses two related questions that deal with evaluating the profitability and/or effectiveness of branches: is it possible to develop a complete profit and loss statement for a branch office, and the managerial reluctance to closing an unsuccessful branch due to the funds already expended. “Corporate Universities” by the CUNA HR/TD Council touches on both the advantages and disadvantages of developing corporate universities, utilizing case studies from two credit unions.
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