You know what a healthy loan portfolio should look like. And, overall, your credit union’s lending strategies may be meeting industry benchmarks. But, are you measuring key metrics by product? Are you aware of developing issues in your auto, credit card, mortgage and /or personal loan portfolios? Do you know how quickly the loans in your portfolio are paying off?
Lending Insights’ LPMS Analytics Tool will allow you to set key loan performance goals for your credit union by product and sub-product and then measure the credit union’s portfolio performance against those goals each month. Know the health of your portfolios as they mature and use historical performance data to project future performance. Board-ready reports can quickly be generated in several file formats, including .pdf and Excel®. Detailed historical reports for key measurements can be generated at the click of a button.
Performance Metric Reports allow the credit union to measure the following key metrics by product monthly:
• Active Portfolio
• Active Number of Loans
• Weighted Average Remaining Term
• Weighted Average Rate
• Weighted Average Life
• Current Delinquency
• Annualized Loss Ratio
• Average Loss Amount
Lending Insights’ LPMS Analytics Tool is an essential tool for credit union executives that want to stay ahead of critical developments in their individual loan product portfolios.
