By: John Riley

August 2023

Indirect lender credit unions without a powerful business intelligence analytics tool expose themselves to unnecessary additional risk. With Credit Union Acceptance Company (CUAC), a credit union-owned company, our customers harness the power of Microsoft Power BI to transform raw data into interactive and visually appealing insights, enabling better decision-making and data-driven strategies for their auto lending.

Here are some key features and aspects of CUAC’s Microsoft Power BI custom solution:

Data Transformation: The Power Query Editor within Power BI allows users to clean, transform, and shape their data before analysis. This is especially useful when dealing with messy or unstructured data involving a credit union’s indirect lending business.

Data Modeling: Power BI enables users to create relationships between different data tables, allowing complex data models to evaluate credit union dealer relationships based on loans originated, credit tier, vehicle make, etc.

Data Visualization: One of the standout features of Power BI is its ability to create interactive and visually appealing reports and dashboards. Users can drag and drop various data visualizations like charts, tables, maps, and more onto a canvas and customize them according to their needs.

Integration with Other Microsoft Tools: Power BI seamlessly integrates with other Microsoft products like Excel, SharePoint, Azure, and Dynamics 365. This integration can enhance indirect lending credit unions’ overall business intelligence capabilities.

Security and Compliance: Power BI offers various security features, including role-based access control, encryption, and data loss prevention policies, to ensure that sensitive data remains protected.

Customization: CUAC Power BI is a powerful tool with extensive customization, including the ability to create custom visuals using the Power BI developer tools.

In summary, because of the complex risks associated with automobile dealerships originating loans for credit unions, every credit union should incorporate enhanced data analytics to protect their financial soundness better. Would you like to see the versatility of a tool that empowers credit unions to derive valuable insights from their indirect lending data, so you make informed strategic lending decisions? We welcome a casual conversation to discover the power that can be harnessed when lending with automobile dealerships.

Contact John Riley at jriley@cuacuso.com or 281.253.5734