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Factors to Consider When Switching Vendor Partners

Posted: January 09, 2019

Due Diligence is a highly regarded practice in the financial industry. Careful consideration to asses all aspects of the benefits, risks and opportunities of a new service or product will help result in a favorable outcome. In this article you will learn what important factors a credit union should consider when switching service partners. Many vendors will knock on your door and make promises they can’t keep. It’s important to know how to steer clear of the fake and steer towards the right partner that will add value to your credit union and members.

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