TCT Risk Solutions Partnership Brings Your Marketing Co. and its Clients Actionable Data
Boutique Credit Unions Gain Intel to Optimize Income
Your Marketing Co.
Your Marketing Co. and TCT Risk Solutions have partnered to bring the strategic planning and marketing firm’s clients a clearer picture of their financial health. The pairing will help Your Marketing Co. better identify credit union clients’ strengths and opportunities and help build marketing strategy around them. Plus, TCT’s Vital Signs Report will now be a part of onboarding new clients to Your Marketing Co. and existing clients will receive a quarterly report on their financial standing. The report features a rating of 17 unique, statistically valid performance indicators that help credit unions manage various areas of financial risk, TCT CEO/Founder Randy Thompson explained. “Many smaller credit unions have been afraid of long-term lending, as a result they’re making shorter term loans and have to deal with constant churn,” he said. “Our platform helps them optimize their interest-rate risk with much improved efficiency and improved earnings.” “Randy’s platform is a great added value to our credit union clients and to Your Marketing Co.,” Your Marketing CEO Bo McDonald said. “Getting an outside perspective on the numbers and real advice on improving areas is going to go a long way for our clients not just survive, but to really thrive.” Both companies have long been on a mission to save boutique credit unions across the country. While both organizations serve a wide range of credit unions, up into the billion-dollar range, TCT’s average size credit union client is $70 million, while Your Marketing Co.’s is $107 million. About Your Marketing Co. Your Marketing Co., is a full-service strategic planning, branding and marketing firm serving credit unions that are not content with the status quo. Since 2008, YMC has helped dozens of credit unions grow their potential through strategy, execution and accountability. And we give a damn! About TCT Risk Solutions TCT Risk Solutions provides tools and consultation that improve the performance and sustainability of credit unions. Our Online tools address: (1) Liquidity, IRR Limits, ALM Simulation/Modeling and Concentration Risk (2) Credit Migration, CECL Compliant ALLL, Early Warning Signs of Loan Impairment and Delinquency Tracking (3) Loan and Deposit Pricing connected to the cost structure of the credit union. Our services incorporate consultation and training individualized to the needs of the specific credit union and staff.