Fintech

MADISON, Wis.-One of the most effective strategies for credit unions to enhance the bottom line will also be the hardest, and that's reigniting lending.

ATLANTA-There are several ways to enhance the bottom line, notes one person, but just one where the focus should initially be.

CLEARWATER, Fla.-For the credit card portfolio to make a strong contribution to the bottom line, the CU's card must convey value and prestige.

TALLAHASSEE, Fla.-Credit unions will thank banks for bottom line growth in 2011, predicted Jim Park, who believes CUs will take checking and credit card share from the big boys.

RANCHO CUCAMONGA, Calif.-There are numerous tactics CUs can leverage to boost their bottom lines, but Eric Porter said one of the best places to start is to explode the myth that credit unions on not convenient.

BIRMINGHAM, Ala.-The answers to enhancing the bottom line don't lie in new initiatives. Instead, solutions can be found in existing products and processes.

BIRMINGHAM, Ala.-When it comes to e-statements, the "e" also stands for efficiency, according to one person.

HOUSTON-The bottom line on enhancing the bottom line, said Steve Swanston, is that there's no short answer. The topic could be a book-and a long one at that.

ONTARIO, Calif.-Two often overlooked aspects of shared branching are the cost savings and the ability to test-pilot new products, according to one person.

LAKE MARY, Fla.-Credit unions looking to jump start growth in 2011 don't need to be looking to new members, but doing a much more effective job of getting business from the members they already have.