|
|
|
|
|
|
|
|
|
|
|
|
|
![]() |
|
||||||||||
|
|
|
|
|
||||||||
ABC Product Profitability
Snapshot ($5,500)
For smaller credit unions, and others not currently positioned to acquire a full Activity-Based Assessment of Balance Sheet Products, Kohl Advisory Group offers a moderately priced alternative that approximates the cost and profitability of the same 13 lending products and 6 types of deposits addressed in the 2010 Product Cost Summary.
The ABC Product Profitability “Snapshot” utilizes average cost data by product in combination with actual information by product from your credit union. Results are delivered as a comprehensive report that includes charts depicting each major cost element by product and the resulting financial contribution (ROA) for each category of loans. An onsite presentation is also included that explains the findings and suggests how they should influence marketing, pricing, product design and other product related decisions at the credit union.
Information required from your credit union includes total balances, number of loans and deposit accounts, average yields, projected loan losses, average interest rates and non-interest income (all by product). These amounts are used in conjunction with the average operating costs by product (from Kohl's ten most recently completed credit unions) and your credit union's total operating expense. Total net income therefore ties to your actuals.
Utilizing this methodology, Kohl Advisory Group provides reasonable estimates of profitability by lending product and the “All In Cost of Funds %” by deposit product.
For a free sample report of what you would receive from an ABC Product Profitability Snapshot, including the one page input form that is all that needs to be completed, click below.