Business Model

Our business model aligns your interests and ours. It’s incredibly simple.

Our goal is to make Credit Union Travel Club a great benefit for your members and to create meaningful fee income for credit unions of all sizes. We do that by working together to promote the Club and by sharing in the financial gain that comes from that collaboration.

Our How It Works page shows how easy it is to get started and what we provide to your credit union to make everything run smoothly. There is never a charge to your members or the credit union for our services, and we share 2% of the net booking revenue (paid reservations minus cancellations, taxes and fees) with each credit union.

To get an idea of the impact Credit Union Travel Club could have for you and your members, take a look at the table below. Using a very modest assumption of just 5% of members using the Club to book travel during the year, you can see that you’ll be providing a benefit that delivers real savings to your members and creating a new income stream for your credit union.

Number of Members 5,000 10,000 20,000 50,000 100,000
% of Members Booking 5% 5% 5% 5% 5%
Members Booking 250 500 1,000 2,500 5,000
Avg Bookings per Year 2.3 2.3 2.3 2.3 2.3
Avg Nights per Booking 2.2 2.2 2.2 2.2 2.2
Avg Savings per Night $46 $46 $46 $46 $46
Total Nights Booked per year 1,245 2,490 4,981 12,452 24,904
Annual Member Savings $57,279 $114,558 $229,117 $572,791 $1,145,583
Income to Credit Union $3,761 $7,521 $15,042 $37,605 $75,210

Model assumptions are based on booking patterns of actual travel club members

What’s included?

  • Access to the program for everyone in your credit union- members, employees, board members
  • All implementation services
  • Great customer service
  • A variety of marketing tools and templates to promote membership
  • Ongoing marketing to drive booking activity

Want to know more? Just reach out or click here to get started.