Why first commerce credit union should bring

Assignment Help Operation Management

Reference no: EM131893072

Your paper will need to identify a problem and three potential solutions. The topic should be appropriately related to your area of study or a professional matter. The topic should be specific and career based.

Consider issues such as occupational safety, cultural diversity, violence or bullying, staffing or personnel, technology, communication, policy or compliance. Avoid general topic or topics unrelated to professional life.

REQUIREMENTS

1500- 1800 minimum word requirement includes the LETTER OF TRANSMITTAL (no more than one page), EXECUTIVE SUMMARY(no more than one page), and BODY of the report (minimum of 1000 words). The Title Page, Table of Contents, and the References Page DO NOT count in the required word count. Papers with less than 1500 words will earn a grade deduction based on a percentage of words submitted to words required. The key here is to address the material directly.

My topic is about banking technology and why the credit union should use it. I provided my Executive Summary below.

Why First Commerce Credit Union Should Bring in Banking Technology

Executive Summary

First Commerce Credit Union's business has really slowed down. While making cold calls to our members and going around to local business offering Financial Seminars would help bring in more business; I believe that offering the new and improved banking technology is the way to go to help increase the Credit Unions business.

Most customers want convenience and online banking will give the customers that freedom they have been looking for. Online banking offers many features and benefits. Not only is online banking convenient but it is also a secure way for customers to conduct business with the Credit Union 24 hours a day, 7 days a week.

Online banking will save our customers time and money plus they will never have to wait in line. Customers can review all their account activity, transfer money from one account to another, and even make check deposits without ever having to set foot into the Credit Union.

Online banking also has a bill-pay feature which allows our customers to pay their bills online line. This will save the customers time and money. No need to buy checks or stamps and the customer can do this all in the convenience of their own home. First Commerce can ever allow for customers to apply for loans online and this will save them time and money by not having to drive in to one of our locations.

Customers want convenience and with this great new secure technology, First Commerce can give it to our customers.

Reference no: EM131893072

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