CUBenchmarker

CUBenchmarker: Experience the difference of power benchmarking

New! Online credit union peer analysis

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CUBenchmarker is a new approach to performance benchmarking. Unlike traditional benchmarking that analyzes just one variable at a time, CUBenchmarker lets you use multiple variables simultaneously to justify, direct, and identify performance goals for your credit union. CUBenchmarker can measure both resources committed to a product and the services resulting from these resources.

What makes CUBenchmarker unique?

• Uses multivariable analysis allowing you to analyze your entire business plan, plus take in account your credit union’s business environment and mission.
• Online access anywhere 24/7 with real time report generation.
• Quantifies the performance of your credit union in terms of the multiple resources needed to produce multiple products and services.
• Results in data analysis that clearly presents those credit unions achieving greater performance and tells the extent to which those credit unions are under and outperforming you.
• Identifies your credit union’s High Performing Peers; these are credit unions that produce more services/products with the same or fewer resources.
• Helps your credit union investigate issues and strategies for membership growth, employee compensation, branch effectiveness, traditional or simple efficiency, capital use, and more!

How does the credit union benefit?

• Obtain meaningful peer comparisons based on your credit union’s unique operating environment and business plan.
• Saves valuable staff resource time by compiling the data and generating clear and concise reports for the credit union.
• Improves operational efficiency by helping them identify performance weaknesses, strengths, and goals AND offering flexible capabilities for testing growth strategies and operational improvement plans.
• Provides the ability to compare alternative strategic business plans.
• Generates reports immediately when you need the data fast.

Traditional Benchmarking vs. CU Power Benchmarking

Benchmarking done incorrectly can be worse than not doing benchmarking at all. Poorly generated benchmarks can be misleading and move your credit union away from best practices. Management can make the wrong decisions under the cloak of a sophisticated methodology clothed with an array of figures and charts.

Here’s why traditional benchmarking can be problematic:

CUBenchmarker reports can use any NCUA Call Report variable to fully customize the business model to your credit union. In addition, CUBenchmarker has identified the most popular business models. These include:

• Simple Efficiency
• Membership Growth
• Employee Compensation Productivity
• Branch Effectiveness
• Traditional Efficiency
• Profitability
• Capital Use

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Or for more information, submit the information request below. You will be contacted by a CUBenchmarker specialist that will help answer your questions.

Additional Information:

• FREE White Paper on Power Benchmarking
• View a Flash presentation on CUBenchmarker

By clicking submit, you are not ordering a CUBenchmarker Report. Someone will contact you to confirm your needs and the solutions provided by CUBenchmarker.