Kern Federal Credit Union
The Fall Car Sale normally earns us about $8M in loans. While 2016 had been a fairly good year for us we were nearing the end of third quarter and were on track to fall short of our annual lending goal, which would mean our staff missing out on bonus.
We decided to increase our goal from $8M to $10M. This gave us roughly six weeks to put about 390 loans with an average balance of $26K on the books.
Fall Car Sale
Category
Comprehensive Campaign > Comprehensive Campaign - $500 Million and Less
Winner Status
- Bronze