Case Study

Great Lakes Credit Union Gains From Renegotiating Card Processing Contracts with Credit Union Advisory Firm SRM

Great Lakes Credit Union Gains From Renegotiating Card Processing Contracts with Credit Union Advisory Firm SRM

Pages 2 Pages

Great Lakes Credit Union (GLCU), powered by nearly a century of vendor contract expertise, stays competitive by seizing cost-saving opportunities and partnering with negotiation specialists. After President & CEO Steven Bugg connected with SRM, their first collaboration renegotiated GLCU's debit and credit card processing contract. SRM Corp software helped by deeply analyzing obligations, benchmarking market rates, negotiating superior terms, and unlocking substantial savings—maintaining service quality while boosting financial efficiency, providing a strategic edge, and enabling GLCU to navigate the evolving credit union landscape with enhanced profitability and member value.

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