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Due Diligence Process
Due diligence is a vital, necessary task to help build trust for our strategic partners and the products they represent. The selection and adoption of strategic partnerships is crucial to the success of Florida credit unions. We utilize a well-defined, thorough process to ensure that the proven business solutions we select meet these stringent requirements. Our process includes the following:
- Impact review – determine if a potential product is necessary and relevant to the market we serve.
- Process evaluation – determine if the potential partner will produce consistent results for our credit unions.
- White paper research – financials, investors, staff, and board members.
- Track record assessment – strengths, weaknesses, and achievements.
Our goal is to produce a due diligence package that will assist credit unions in determining proven business solutions that translate into credit union success. We continually look for these solutions that provide our credit union partners with solid, lasting results.
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