Best Practices for Credit Union Vendor Contract Negotiations Part 1 (Podcast)

In the first installment of our two-part podcast series with Strategic Resource Management, Paul Timm, Vice President of Marketing for NAFCU Services, sits down with industry expert Russ Bourne, Executive Vice President for Strategic Resource Management. They discuss important best practices when it comes to vendor contract negotiations and navigating these complex situations that all credit unions face.

Continue the discussion by listening to Part 2 here

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Russ Bourne headshotRuss Bourne, Executive Vice President, Strategic Resource Management 

Russ Bourne joined Strategic Resource Management in August 2012. Russ joined SRM as Senior Vice President managing client projects related to contract negotiations with various major vendors. In 2017 Mr. Bourne was promoted to Executive Vice President of Client Management where his team is responsible for managing the overall relationships with SRM’s existing client base. Before he joined SRM, Russ worked at Medco, a Fortune 500 company, where he held numerous positions including Vice President of Sales, Vice President of Sales Operations and Vice President of Business Development. Prior to joining Medco, Russ spent five years in corporate marketing at FedEx. Before joining FedEx, he spent 10 years with Southern Health Systems/PharmaThera in various operations management roles. Russ earned a B.B.A. from Mississippi State University and a M.B.A. from Millsaps College.

SRM Logo new 02.2017

Strategic Resource Management (SRM) is the NAFCU Services Preferred Partner for vendor cost benchmarking and contract negotiation services. More educational resources and contact information are available at