CostPro™

Relationship Tool

To complete the whole suite of CostPro™ products, Thompson Consulting and Training also offers the CostPro™ Relationship Tool. This product provides credit unions with the right tool to accurately assess the value of each member based on all the accounts they have.

Credit unions that have implemented the CostPro™ Relationship Tool have been able to reduce the cost of funds and enhance their ROA.

The CostPro™ Relationship Tool allows a credit
union to:

• Identify the most profitable members and products
• Assure new products are designed to be profitable
• Assistin marketing profitable products and services
• Provide a scientific method for matching rates

 

Relationship Pricing Model Sample
Capital Restoration Plan Sample

I have used consulting services from Randy Thompson for nearly 20 years. During that time my credit union has grown from just over $30 million to over $100 million in assets. Randy’s work and support has played a critical role in our growth and success.

I have found Randy to be highly versatile and effective. He has provided support in a variety of areas including strategic planning, marketing and cost accounting. My experience shows that he approaches problems in creative manner that gets results.

His market research is well designed and has proven highly accurate. Findings from his research have helped us make correct decisions that have given us excellent results. One aspect of his research, that I have found important, is that he presents and explains the findings in a way that is easy to understand and apply.

He is an excellent teacher and trainer who knows how to motivate employees and create mutual support and cooperation. His understanding of people informs his marketing programs and makes them valuable.

- Dennis