Could your credit union be missing out on untapped non-interest income?
Non-interest income provides a source of revenue that diversifies your credit union revenue portfolio. Use Peer+ to see how you can expand your credit unions non-interest income (NII).
1. Share your data, if you haven’t already done so.
To learn how to share your data and the importance of doing so, visit Peer+ and navigate to the tab on the left that says "NII Trends", click on it, and select "Join the NII Crowd!". Here you will learn about how to share your data and why it is so important.
2. Select primary
Now, make sure your primary is your credit union. Learn more about selecting your primary here.
3. Create custom peer group OR select from built-in asset-based PGsInstitution-Based Peer Group
If you would like to create a peer group by selecting individual institutions read our page here.
Criteria-Based Peer Group
If you would like to create a peer group by selecting institutions based on criteria read our page here.
Uploading a Peer Group
If you would like to upload a premade peer group read our page here.
Selecting From Built in PG's
To use Peer Plus's built in Peer Groups, simply navigate to the top right of the screen and select the search box with the text "Search for a credit union, peer group, bank, or merger"
Select the search box and click the Peer Groups tab. Here you will find all of your custom peer groups as well as Peer+ built-in ones. Scroll down the list and select the peer group that you would like to compare to your primary.
4. Explore NII folder
Once you have selected your primary and comparison set, visit the NII Folder located on the left side of your screen and view the displays it contains. You can also find other relevant NII displays by search NII in the search box at the top left of your screen. 