Government Printing Office Federal Credit Union (GPOFCU), based in Washington, DC, serves over 4,500 loyal members and manages $28 million in assets. With a small but dedicated team of seven employees, the credit union sought to convert its credit and debit card processing from Fiserv to MAP. This transition was projected to save the organization…
For many small and mid-sized credit unions, the temptation to manage complex projects in-house—or DIY—can be strong. Cost concerns, limited resources, and a desire to maintain control often drive this decision. However, the risks associated with DIY projects often outweigh the perceived savings. Establishing a Project Management Office (PMO) or leveraging external project management expertise…
Top Services Credit Unions Outsourced in 2024: Insights from O2 Consulting Group In 2024, credit unions across the country faced numerous challenges. To overcome them, many turned to external expertise to address their operational, strategic, and technological needs. O2 Consulting Group emerged as a trusted partner, helping credit unions achieve their goals through tailored solutions.…
Strategic Consulting Leads to Major Gains in Efficiency and Cost Savings BACKGROUND: Money One Federal Credit Union, headquartered in Largo, Maryland, is a trusted financial institution serving a diverse community of over 12,000 members. With assets totaling approximately $163 million, Money One has a strong presence in Maryland, offering a range of financial products and…