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Using Data for Credit Management and Financial Wellness

David Park, director of loan operations at Franklin Mint Federal Credit Union, shares insights into using innovative credit and data management approaches to enhance member relationships and financial wellness.

Published on July 2024 in Financial Education

FEATURING: David Park, Vice President and Director of Loan Operations at Franklin Mint Federal Credit Union

In this episode of Banking Transformed, recorded at MeridianLink LIVE!, we sit down with David Park, Vice President and Director of Loan Operations at Franklin Mint Federal Credit Union. David shares insights into using innovative credit and data management approaches to enhance member relationships and financial wellness.

David also discusses how a unique personal line of credit product can support financial security while stemming potential attrition and the importance of understanding the member lifecycle.

Finally, the discussion underscores the importance of organizational culture in driving credit innovation.

Prefer to read the conversation? Check out the edited Q&A here.

Sponsor: MeridianLink

MeridianLink® (NYSE: MLNK) powers digital lending and account opening for financial institutions and provides data verification solutions for consumer reporting agencies. MeridianLink’s scalable, cloud-based platforms help customers build deeper relationships with consumers through data-driven, personalized experiences across the entire lending life cycle.

MeridianLink enables customers to accelerate revenue growth, reduce risk, and exceed consumer expectations through seamless digital experiences. Its partner marketplace supports hundreds of integrations for tailored innovation. For more than 20 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities. Learn more at meridianlink.com.

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