Events

Banking on the Underbanked: How to make Prepaid profitable AND responsibly serve your customers Webinar Date:  October 24  3 – 4pm EST PRESENTERS: George Hodges CEO New Market Partners, LLC Gene Kirby Advisory Board Chairman New Market Partners, LLC ABOUT THE WEBINAR: Prepaid cards are the fastest growing product in financial services today. What are the key drivers and what is the value proposition for customers? For your bank? This webinar will provide a market overview about who is using prepaid cards and why – as well as share experiences from recent prepaid launches in retail banks. You’ll also learn about some of the challenges banks face as they launch their product, such as interactions with regulators and senior management and how to identify target customer segments. THIS WEBINAR WILL COVER: Growing segment of bank customers are using prepaid cards as an alternative to traditional checking Prepaid cards look like checkless checking, but consumers and regulators see differences Customer experience for prepaid in a bank branch is very different than in a non-bank retailer TOP 3 BENEFITS TO ATTENDEES: Understand sub-segments of current bank customers who are using prepaid cards Understand key differences between reloadable prepaid cards and checkless checking Understand how offering prepaid cards in the branch is different than retailers and online To access the CBA website and register, click: http://eo2.commpartners.com/users/cba/session.php?id=9682

CFSI Underbanked Solutions Exchange November 6 – 8, 2012 New Market Partners is a sponsor of the Underbanked Solutions Exchange, a program of the Center for Financial Services Innovation (CFSI).  The Exchange is a collaborative forum for mid sized banks and credit unions.  For more information about joining the exchange, click this link to CFSI’s website. http://cfsinnovation.com/networking/exchange

Webinar Date: March 27, 2012 Presenter: George Hodges, Managing Director, New Market Partners, LLC Can’t solveliquidity problems? You may have an immediate opportunity to expand services to existing members and generate non-interest income. A dominant theme right now is the absence of lending opportunities. Unfortunately, most credit unions don’t have any control over this, so it begs the question: Are there other opportunities to grow revenue and expand your member relationships outside of lending? If any of the following scenarios fit your credit union, the answer is probably yes: 35% of your members are not profitable because their only product is a low balance checking or savings account Your serve a major university or large military base, but don’t seem have a good product fit for the student population or enlisted personnel You have a youth/young adult strategic initiative, but don’t yet have a strong mobile/card based product to support it You have an underserved designation with a working class population that is different than your current suburban, mass-affluent member base What each of these scenarios has in common is a large number of what the regulators call “underbanked” members. In this session you will learn how innovative credit unions are using outsourced technology and risk management to successfully, safely,and profitably compete with both large retailers and traditional check cashers by offering alternative banking products including: Reloadable prepaid debit cards Guaranteed check cashing verification Walk-in bill payment Person-to-person money transfers To access CUES website and register for this webinar,click:  http://www.cues.org/shop-cues/distance-learning/type/4/id/558