Welcome to Payment Systems Solutions.


	Most of the Credit Union Credit Card portfolios have similar issues:
		Low Growth – Credit Union Credit Card loans have grown 31% in the last five years, while all loans grew by 65% in the same period.

		Shrinking utilization – Credit card utilization is 39% compared to 43% five years ago. Shrinking penetration – Member penetration is 14.1% compared to 16.8% five years ago.

		Low and stable delinquency and losses – Both below 1.5

	Key Opportunities Optimize portfolio with regard to objectives such as growth, customer satisfaction and profitability, Loss rate Increase balance growth with targeted line increase, balance transfer and check programs based on potential utilization criteria (minimize contingent liability) Create deeper relationships by cross-selling and enhancing credit card programs utilizing the customer relationship and account data Establish revised member credit card solicitation programs Develop and implement more effective portfolio management tools, along with metrics and dashboards Continue to control losses as a key objective.