FDIC reports that now there are only a third as many banks as there were in 1980. This trend is also true for credit unions.

What is surprising is that studies show that size is not necessarily the determining factor when comparing those that have survived to those that have been liquidated or merged.

In fact, some of the smallest banks have done quite well over the last 40 years.

So, what are the factors that separate a financial institution (FI) that has done well from a financial institution that has ceased to exist?

As I speak with CEOs of those credit unions who are associated with Thompson Consulting and Training (TCT), as well as our strategic allies, I find not all are aware of the full cadre of services TCT offers.

These services complement one another and usually it benefits a credit union to use more than one of the management tools and services provided by TCT.

We have seen credit unions add as much as 75 basis points to their ROA by using TCT services. I thought it might be beneficial to briefly describe some of the more popular management tools and services provided by TCT.

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