Vital Signs for NCOFCU Members

  • 14 Jul 2020
  • 12:00 PM - 1:00 PM (MDT)
  • ZOOM

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When you go to the Doctor, one of the first things that happens is taking your Vital Signs.

Health professionals know that these key Vital Signs provide an immediate picture your body’s overall health.  Monitoring your Vital Signs is an effective way to identify where your health in strong as well as where and when it requires attention.   But it must be the right Vital Signs: for example, blood pressure not hair length or eye color.

Just like people, Credit Unions have Vital Signs too.  These vital signs indicate the overall financial health of the credit union. But, again, it must be the correct group of Vital Signs.  Any indicator that is outside the healthy range means credit union health is out of balance which threatens it overall vitality. 

TCT Risk Solutions has developed a robust KFI report that focuses a set of statistically verified Vital Signs.  In the report, any sign that is outside the healthy range is highlighted in either yellow or red.  Yellow means the indicator is just outside the range and needs monitoring, while red indicates a significant problem that requires immediate attention.

Over time these indicators pose a significant risk to the financial health of the credit union. Using the TCT solutions management can bring these indicators back to a healthy level to support the health of their credit union.

Who Should Attend: CEO, CFO, Operations, Board Members

Each participating credit union will receive a complimentary Vital Signs report for their credit union.

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