Before diving in on how the recession could reverse credit unions' recent growth trend, John shared with us the differences in this predicted climate and the Great Recession of 2008-09.
He then shared how much his credit unions grew during COVID and how the looming recession could reverse this growth.
John outlined what credit unions can do to prepare and protect themselves from a recession that could have negative ramifications, as well as what preparations his credit union is doing to prevent adverse impact of a recession.
Check it out and let us know your thoughts. And be sure to watch the entire interview 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.