Unlocking Strategic Insights with Peer Suite

Published by: Rich Mensah

April 3, 2024 | Member Benefits

Data-driven decision-making is paramount for credit unions striving to grow and better serve their members. Recognizing this need, the League offers Peer Suite as a powerful member benefit. This comprehensive data analysis tool equips you with the resources needed to make informed strategic decisions and stay ahead of the curve.

Peer Suite goes beyond mere data analysis; it empowers credit unions to export performance dashboards tailored for their boards and various departments. With these customizable dashboards, credit union leaders can gain deeper insights into their institution’s performance, identify areas for improvement, and chart a course for sustainable growth.

One of the standout features of Peer Suite is its ability to facilitate meaningful comparisons among credit unions. By accessing scorecards and leveraging star rankings, credit unions can benchmark their performance against industry peers and gain valuable insights into their relative strengths and areas for development. Moreover, Peer Suite provides performance analysis explanations, offering crucial context behind the data and enabling credit unions to make informed decisions with confidence.

To help maximize the value of this member benefit, we’ve compiled some tips to ensure you get the most out of Peer Suite:

Automate Your Favorite Reports: Say goodbye to manual data retrieval and analysis. With Peer Suite’s automation features, you can have updated reports and visualizations delivered directly to your inbox whenever new data becomes available. This streamlines the reporting process, giving you more time to focus on interpreting insights rather than gathering data.

Enroll In Peer Suite’s Foundations Course: Whether you’re new to Peer Suite or seeking to enhance your benchmarking skills, the self-guided foundations course is designed to meet your needs. This comprehensive resource allows you to boost proficiency at your own pace, gaining valuable knowledge and skills to leverage Peer Suite effectively.

Attend a Getting Started Live Webinar: For those looking for a more interactive learning experience, live webinars offer an excellent opportunity to dive into Peer Suite and learn practical tips for getting started. Joining these webinars allows you to connect with peers, exchange insights, and gain firsthand guidance from experts in the field.

If you are new to Peer Suite, contact Ohio Credit Union League Data Analyst, Rich Mensah today to get login credentials.

Peer Suite is a valuable asset for credit unions seeking to harness the power of data to drive strategic decision-making and achieve sustainable growth. Explore Peer Suite today and unlock the strategic insights that will propel your credit union to new heights of success.

Contact Rich Mensah for questions or assistance.

Rich Mensah
Rich Mensah Business Analyst E: rmensah@ohiocul.org
Contact Us

Other Movement News

Government Affairs

Advocacy on track at Churchill Downs

Ohioans and communities are best served when credit unions and regulators work together to cultivate a financial services industry that puts people first. That is why the Ohio Credit Union […]
Regulatory

League advocates for an updated CTR threshold

Constantly increasing regulatory pressures put a strain on a credit union’s resources and ability to focus on what matters most: serving members; thus, the League is always looking for opportunities […]
Member Benefits

Educate members on buy now, pay later risks

Buy Now, Pay Later (BNPL) programs can be enticing for people who are short on cash and ready to make a purchase. But they also carry hidden risks for those […]