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Problem: The board of the Bank Holding Company Association recognized a troubling trend of declining membership, and a subsequent slip in dues income.
Solution: Allow NFR Communications to assume full association management under board direction.
Results: Ten-fold increase in retained earnings. Elevated standing in the industry. Expanding membership base.
When the board of the Bank Holding Company Association wondered how it could position its education-focused association for long-term viability, and build up its treasury in the process, it found its answer with the strategic team at NFR Communications. We reimagined the BHCA’s semi-annual seminars to deepen education and expand member networking. We introduced new revenue streams through an annual directory and new, one-day seminars in cities not previously served by the BHCA. We professionalized member communications. We conducted strategic outreach and member recruitment, and importantly, we increased sponsorship revenue.
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Headquarters
250 Prairie Center Dr., Ste. 300,
Eden Prairie, MN 55344
Telephone
952-835-2275
Email
info@nfrcom.com