Putting the 'Credit' Back into Credit Union
Tim Harrington, TEAM Resources

In the past three years, credit unions have become ‘savings institutions’ . Loan portfolios have slackened, deposits have flowed in at sometimes breakneck speed and many borrowers have seen their credit scores decline reducing their ‘traditional’ creditworthiness . Credit union staff members have been so busy taking deposits, collecting loans, handling back office duties and meeting regulatory requirements that they may have taken their ‘eye off the ball’ . Credit unions have been the traditional place where the common person can get a fair deal . During poor economic times, credit unions have been a place for borrowers to turn to get help . That’s what we were created for in the first place . How can we get back to that state of mind where “we are here to help people and make loans!” This session will discuss the mind-set and practices needed to become a ‘Credit’ union once again and make lending your entire reason for existence . We will look at concepts, steps and products that might get you ‘back in the game’ when it comes to lending . Maybe you can make a difference...to your members, to your Field of Membership, and to your Community when they all need you the most .

About Tim Harrington

Tim Harrington is President of TEAM Resources and has been a credit union consultant for 24 years. Tim has consulted credit unions nationwide on issues of strategy, profitability and governance. Tim’s book, Eisenhower on Enlightened Leadership, is used by companies all over America to help build high integrity leadership within the organizations. He started his credit union career as a partner in a CPA firm that specialized in auditing and consulting for credit unions. Tim has also served as chairman of the board of a 150 million dollar credit union in Tucson Arizona. When Tim joined the board, the credit union was losing nearly $2,000,000 per year. By 2006, the credit union earned a profit of nearly $2,000,000. Tim travels coast to coast to help credit unions become more profitable, focused and successful.

Tim did his undergraduate work at Gonzaga University in Spokane, Washington and his graduate work at the University of Washington in Seattle.