The first step in measuring the quality of any asset is to determine how that asset is performing. Credit card loans can be the most profitable loan products you offer, but they can also be the most challenging to understand. Many Credit Unions and Community Banks do not have the expertise or the resources required to truly know their credit card business. Often, the complexities of running a credit card business make it difficult to know if your own portfolio is profitable. Brookwood can help you understand precisely how your portfolio is performing.
Here is what you get.
Custom Credit Card P&L Statement for your institution
Current Valuation of your Portfolio
Future Value Projections
Options and Recommendations
We are recognized, industry experts in the credit card business. Our portfolio valuation program will step you through the process of creating a P&L statement for your entire portfolio. Then we will gather the required information to assess the current value of your portfolio today. We show you how your portfolio might change over time and we ultimately provide you with options and recommendations based on your specific goals and objectives.