Cut Contract Costs and Get Better Service in 2013

By John M. Floyd, Chairman and CEO, John M. Floyd & Associates

In today’s uncertain economic environment, one thing is certain: finding ways to work more cost-effectively can have a major impact on your ability to reach your credit union’s performance goals in the New Year. And while you may think you have already trimmed all the extras from your budget, you could still be paying too much for your monthly service contracts.

With the John M. Floyd & Associates (JMFA) Contract Optimizer Year-End Special, you can receive substantial savings on contract negotiation consultations that are designed to help you maximize the economic value of the services you rely on every day, including:

  • ATM/debit card processing
  • ATM and other equipment maintenance
  • Credit reporting
  • Credit card processing
  • Payroll
  • Telecommunications
  • Internet banking
  • Check vendors
  • Core data processing
  • And much more

Simply submit a signed engagement letter and three months of contract invoices to be reviewed by December 31, 2012, and the final two years’ fees will be waived on re-negotiated contracts of three years or more. For a three-year Contract Optimizer agreement, the savings equals a 46 percent reduction on JMFA’s standard fee structure.

JMFA Contract Optimizer has a 98 percent success rate and is risk-free. If the program recommendations do not result in lower costs for your institution, you are not charged a fee.

About JMFA

John M. Floyd & Associates (JMFA), a preferred business partner of the Northwest Credit Union Association, is a leading provider of profitability and performance-improvement consulting. For more than 30 years, JMFA has been recognized as one of the most trusted names in the industry, helping financial institutions enhance their bottom line with programs like JMFA Overdraft Privilege®. JMFA is also recognized for earnings enhancement and expense control programs, training, executive placement, account acquisition programs as well as product, service, pricing and technology-improvement consulting. Simply stated, JMFA’s programs and services are designed to increase income or reduce expenses. JMFA is proud to be a preferred provider among many industry groups. To learn more about JMFA, please call 800-809-2307, or visit our website at


Strategic Link is the NWCUA’s wholly-owned service corporation, providing the Association’s member credit unions with exclusive high-quality, competitively-priced products and discounted services. To learn more about how the Association’s partnership with JMFA can benefit your credit union, contact Sales and Marketing Associate Craig Reed: 206.340.4789,

Posted in Around the NW, Community Impact, Financial Education.