Tuesday, January 3, 2012

Empower Federal Credit Union Fattens Loan Portfolio

You know your members have loans elsewhere, go get them!
"One of Empower’s biggest successes has come from competitor buyouts, where employees mine a credit report for opportunity to cross-sell or consolidate from another financial institution. To date, Empower has done $55 million in buyouts, or 22% of its overall loan business, which Carhart says is “very important in our loan growth numbers.”" **** Empower Federal Credit Union Fattens Loan Portfolio:

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