rkGoBig

🌟Some thoughts on the Auto Market and Strategies for Credit Union Success in Managing Risk within their Auto Loan Portfolio 🌟 🚗 The auto lending landscape is evolving, bringing unique challenges and opportunities for credit unions. Our latest article explores market trends, rising delinquencies, and effective strategies for 2024. Read the Full Article Here Below ⬇️ #AutoLending #CreditUnion #FinancialStrategies #DataAnalytics #RiskManagement #blogpost #Lending #Portfolio #LoanDelinquencies #CreditUnionGrowth #AutoFinance #FinancialHealth #PredictiveAnalytics #SubprimeLoans #CUSO #rkGoBig #Collections #Loans #Growth #Risk

It's unfortunate that this is becoming more common today. Credit Unions have always excelled in educating their members on how to protect themselves from potential fraud. Protecting and educating our senior members is key to mitigating risks such as identity theft and other financial crimes. Great work, SPCCU! #CreditUnions #FinancialEducation #FraudPrevention #ProtectSeniors #IdentityTheftProtection #FinancialCrimes #MemberEducation #CreditUnionLeaders #SeniorSafety

Small Credit Union? How Many Hats Do You Wear? Does This Make Sense? Credit union leaders, it's challenging for small credit unions to afford dedicated compliance roles. Often, one person manages multiple critical areas, which can lead to overlooked details. Why not change this? Partnering with rkGoBig ensures comprehensive compliance coverage at a fraction of the cost. Consider the average in-house compliance costs (from CUNA’s 2023-2024 Staff Salary Report): - Compliance Director/Manager: $110,000 - $150,000 annually - BSA Officer: $85,000 - $115,000 annually - Auditor: $70,000 - $100,000 annually Total In-House Costs: - Low Estimate: $265,000 annually - High Estimate: $365,000 annually Now, compare this with the cost-effective shared service compliance offering from rkGoBig. For a fraction of these costs, we provide comprehensive compliance coverage, allowing you to maintain high standards without breaking the bank. We are in the business of helping credit unions thrive, not making money off of them. By leveraging rkGoBig’s shared services, small credit unions can maintain high compliance standards, save money, and allocate resources to areas that enhance the overall member experience and drive growth. Let's ensure our credit unions are not only compliant but also positioned for a prosperous future. Share your thoughts and let’s discuss how we can optimize our operations for success! #CreditUnions #Compliance #CostSavings #rkGoBig #OperationalEfficiency #MemberExperience #Innovation #CUSOPower #LetUsHelp

Maximize Your Regulatory Exam Performance with rkGoBig! Are regulatory exams causing stress for your Credit Union? At rkGoBig, we understand the pressure small Credit Unions face when preparing for, enduring, and following up on regulatory exams. That's why our shared services are designed to provide comprehensive support throughout the entire process. Here's how rkGoBig can make a difference: Pre-Exam Preparation: 📋 Our expert team will assist in ensuring all your policies and procedures are up to date and compliant. We'll help you conduct thorough reviews and provide the necessary education to ensure your team is ready. Support During the Exam: 🤝 During the examination, we stand by your side, offering real-time assistance and guidance. Our specialists are on hand to address any concerns and help you navigate the process smoothly. Post-Exam Follow-Up: 🔄 After the exam, rkGoBig continues to support your Credit Union by helping implement any necessary changes and ensuring ongoing compliance. We'll work with you to address any findings and improve your practices. By partnering with rkGoBig, your credit union will excel in performance, consistently meet all compliance standards, and ensure the highest level of protection and security for your organization and its members. Stress less and achieve more with rkGoBig! #LetsConnect www.rkGoBig.org #CreditUnions #RegulatoryCompliance #rkGoBig #SharedServices #FinancialProtection #ComplianceSupport #CreditUnionCommunity #ExaminationSuccess #CUSOPower #CUSO #PartnerYouCanTrust

Thank you for all that you have done and continue to do, Denise Wymore, GSD for the Credit Union industry as a whole! Your passion for making the words "Growth Strategy" and "Long Term Sustainability" easier to use when speaking about small Credit Unions is truly commendable. We at rkGoBig commend your efforts and look forward to contributing as much to the small CU movement as you have over the years. Thank you for spreading the word about our passion to assist more Credit Unions with their back-office needs in an effort to lower costs and drive more efficiency so they can focus on growing and serving more Members! #SameMission #TogetherWeAreStronger #CusoUnite #CreditUnionUnite #rkGoBig

Boost Your Credit Union's Compliance with rkGoBig! Small credit unions often struggle with the complexities of regulatory compliance, which can be costly and time-consuming. At rkGoBig, we understand these challenges and offer a shared compliance service designed to reduce costs and improve efficiency. Our comprehensive services include: ·        Policy Assessment & Management: Streamline your policy compliance with our expert guidance and access to approved policies. ·        Marketing & Advertising Review: Ensure your advertising materials are compliant and effective with our review services. ·        Exam & Audit Support: Prepare for exams and audits with our dedicated support, including risk assessments and policy reviews. ·        Compliance Heat Tracking: Stay informed on your compliance status and focus areas with our detailed assessments. ·        Peer Support & Council Access: Connect with a network of credit union professionals for advice and best practices. Come see how rkGoBig is making operations a little easier and giving our partners better sleep knowing your compliance is in good hands. Together, we can achieve greater operational efficiency and ensure your credit union thrives. Contact us today to learn more about our shared compliance services! #CreditUnion #Compliance #FinancialServices #rkGoBig #Efficiency #RegulatoryCompliance #Betterway #CUSO #SmallCreditUnions #SharedService

A recent incident underscores the need for small credit unions to enhance security. Small credit unions can mitigate some of the risk with a more robust operation plan. At rkGoBig, our compliance and card management solutions can help. Our Solutions: - Compliance Management: Regulatory adherence and audit support. - Card Management: Advanced fraud detection and risk mitigation. With assistance from rkGoBig, we have your back always. Let's connect to talk about how we can help secure your future. #CreditUnion #ATMJackpotting #Compliance #CardManagement #Security #FinancialServices #RiskManagement #RegulatoryCompliance #FraudPrevention #BackOfficeSecurity #AuditSupport #PolicyAssessment #CardSecurity #CreditUnionSecurity #rkGoBig

Here are some wise words from Denise Wymore, GSD one of our Credit Union Industry Leaders and a Change Agent for small credit unions! #Growth over #Merger Let's all spread the word! #CreditUnions #rkGoBig #Sustainability

#CU #leadership #collaboration Together we are stronger going forward!

At rkGoBig, we're passionate about empowering small Credit Unions to achieve success through our comprehensive shared services. From compliance and collections to card services and electronic services, we offer the support you need to thrive. Our peer roundtables foster collaboration and shared knowledge, ensuring that you stay ahead in an ever-evolving market. Join us in building a brighter future for Credit Unions. Contact us today at www.rkgobig.org or give a follow at rkGoBig on LinkedIn for all the latest information and to learn more about our core services that will help your Credit Union go big! #CreditUnions #SharedServices #Compliance #Collections #CardServices #ElectronicServices #PeerRoundtables #rkGoBig #CollaborationForTheFuture #CollaborativeServices