Capstone Managing Director John Dearing joined us on the show to discuss the details of his recent CUinsight article: “Is your credit union ready for the next recession?”
Before we got into credit union readiness, John addressed what is the likelihood of another recession and why? Then he outlined what credit unions can do to prepare themselves for this next dip in the economy, which looks like will occur later this year or early 2020.
In addition, John talked about a credit union’s competitive advantage being increasingly important with the next recession looming, as well as how a credit union's digitization being a differentiator to combat an economic slow down.
Check it out and let us know your thoughts.
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Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.