When comes to crises and natural disasters, Puerto Rico has endured its fair share in recent years with back-to-back hurricanes, earthquakes, the island's debt crisis, corruption scandals, and the ongoing pandemic. But through it all credit unions have been there for Puerto Rico residents -- not without their challenges, though.
To discuss how credit unions have been the stable force throughout these crises, we invited Puerto Rico Federal Credit Union President/CEO Jomar Martinez on the show to share his perspective and plans for the future -- which entails implementing Finastra's Fusion Digital Banking platform to combat future natural disasters.
Jomar discussed how residents survived Hurricane Maria, as it parked itself over Puerto Rico for 14 hours and battered the island with 200 mph winds. He also talked about what life was like following the biggest storm in its history and what they as a credit union had to do to serve members living on the island those on the mainland and in the Virgin Islands. According to Jomar, technology was key in assisting members rebuild their lives in the wake of Hurricane Maria.
He also talked about how Finastra's Fusion Digital Banking platform will help the credit union become "bullet proof" to weather future natural disasters and other crises -- as well as providing barrier-free digital banking experience to members, providing them with the ability to access and move funds from wherever they may be at any time. The last thing you need to be thinking about during and after a natural disaster is your account password.
A very transparent and sobering talk with Jomar and how technology can come to the rescue in times of great challenge. Check it out and let us know your thoughts, And watch the entire interview with Jomar below for all the details.
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.