ORLANDO, Fla. (11/19/08)--Level5 announced that its Financial Institution Tool (FIT), a marketing diagnostic tool for financial institutions, is available. FIT compiles and analyzes market data and provides trend analysis and forecasting to help financial institutions make strategic decisions about geographic expansion and which business lines to offer new markets. “FIT equips financial institutions with an unbiased, comprehensive comparison of real estate opportunities,” said Brian Abner, LEVEL5 director of market strategies. FIT analyzes hundreds of data points from national sources that are updated semi-annually. The data and analysis FIT provides include:
* Market comparison at the Metropolitan Statistical Area (MSA) level to identify areas in which business opportunities are rising, plateauing or declining; * Identification of key sectors of opportunity within each MSA, classifying market sectors and business lines that offer expanding opportunity, have stagnant or flattening performance, or are in decline; * Risk mitigation to help focus on strong opportunities and to divest in weakening sectors; and * Support for regulatory exams.
LEVEL5 is a consulting and facilities development firm that serves financial institutions, including credit unions, nationwide.