Overdraft Management Solutions
BSG Financial Group offers two ways financial institution can meet your account holders’ short-term liquidity needs:
CourtesyConnect®/CourtesyLimit™ combines Dynamic Overdraft Limits with Dynamic Communications for a unique, customized experience that translates into better service for your account holders and potentially more income for you. The program equips your financial institution with the expertise and automation to reap the rewards of providing this valued service while effectively managing compliance and financial risks.
PaySound® is the checking account alternative that allows your institution to easily offer a mobile and online checking account with no overdraft fees... ever! PaySound combines a full-service, mobile-ready checking account with an optional line of credit (from $500 to $5,000) to cover one-time or emergency expenses. The web-based interface is branded to your institution and allows account holders to apply online and transfer funds online or via tele-banking as needed. Set-up at your institution can be achieved in as little as 30 days for a rapid increase in income and customer service.
Fee-Based Checking Accounts
Secure Checking assists financial institutions in making checking accounts profitable again by offering a checking account that is enhanced with products and services all for a single monthly fee. The tangible benefits and reasonable monthly cost of a Secure Checking account make it a very attractive alternative to a free checking account for many account holders. Secure Checking accounts help financial institutions attract and retain customers, while increasing your financial institution’s account profitability.
Digital Lending Solutions
Our MinuteLender® and Business MinuteLender® digital lending technology allow financial institutions to efficiently serve small businesses and consumers with sound underwriting and delivery of smaller dollar loans in minutes. The technology and services are designed as a turn-key loan platform that grows revenues and vastly enhances the lending experience for account holders.
Venminder solves the problems of vendor management by improving efficiency and compliance. Venminder assesses, monitors and manages third-party vendor risks to your financial institution through a comprehensive suite of vendor management software and tools. Institutions select only the vendor management software modules and tools that fit their needs, buying what they need when they need it.
Account Acquisition Strategies
There’s a pipeline of account holders ready to switch to your financial institution. We know how to market your message and get them to choose you. Our growth strategy typically more than doubles new core retail and business account openings and attains over 5 products and services per household.
Social Media Compliance
Participating in social media is important; managing social media compliance is essential. Social IQ provides full archiving capabilities, reputation and sentiment analysis, robust reporting functions, and a system for pre-approval of posts.
CD Sales Strategies
CoreCD®is a tiered suite of processes, products and training that financial institutions across the country implement to more effectively price and sell time deposits (CDs). The system ranges from simple tools that can be implemented in a matter of days to a full suite of state-of-the-art pricing analytics and proven sales processes.
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