Understanding the high correlation between multi-product members and retention longevity, many credit unions have rallied their retention efforts around cross-selling initiatives. And with good reason, as it is eight to ten times easier, and much more cost effective, to cross-sell an existing member than it is to attract a new one.
This powerful white paper will outline how you can leverage credit inquiries from all three bureaus to identify cross-selling opportunities within your membership in near real time!