Episode 18 - How the Impact over Activity Test can Benefit Your Financial Institution

When it comes to new initiatives and undertakings, your community bank or credit union must consider if the long term impact of any given strategy outweighs the cost and effort put into that said strategy.The FI GROW team discusses the factors you need to consider before investing into new strategies and how to make sure you avoid misusing your resources. Whatever the impact of any initiative, the effort put into it cannot be greater than the impact of the activity itself. Here's why!