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Branches corporate universities focus of new white papers
MADISON, Wis. (7/29/08)--Credit union professionals can learn how to evaluate the effectiveness of their credit union’s branches and the viability of corporate universities in two new CUNA Council white papers. Sponsored by the CUNA CFO Council, “Comments on Evaluating the Effectiveness of Branches” addresses two questions that deal with evaluating the profitability and/or effectiveness of branches. The first question asks if it is possible to develop a complete profit and loss statement for a branch office. The second question involves managerial reluctance to close an unsuccessful branch because the funds already are expended. The paper then seeks to put these issues in context and clarify the process. “Corporate Universities” by the CUNA HR/TD Council touches the advantages and disadvantages of developing corporate universities, and uses case studies from two credit unions. In both cases, the paper focuses on the credit union’s rationale behind the program, developing and updating its offerings and content, big picture considerations, how the programs function each day. The paper outlines factors vital to the program’s success. For more information, use the links.
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