CFS Insight’s OpenClose Data Connector enables all interested stakholders in the credit union to leverage the rich member data collected from the mortgage lending process. In addition to providing customize dashboards/scorecards for managing your mortgage business, the OpenClose Data Connector unlocks the potential of the rich member data for departments such as retail, accounting and consumer lending. CFS Insight’s implementation is ideal for financial institutions that offer mortgages / real estate lending as well as other lending, deposit and insurance related products and services.
Why Don’t Member Attrition Models Work?
Every credit union has heard some variation of the following pitch from a vendor. “We have a near-perfect member attrition model that is 94.3% accurate.