Sounds pretty simple: Credit unions need to venture out and proactively collaborate with each other for the industry's continued success. At least that's the take from CUCollaborate's Founder Sam Brownell. Sam recently started CUCollaborate to foster the exchange of ideas and information between credit unions -- especially the ones that may not have the resources or network to discover the vital info needed to succeed.
For example, Sam's inaugural project with CUCollaborate was the Core Processing Satisfaction Survey. He believes it is critical that credit unions share their evaluations and experiences with vendors serving the industry. Partnering with a new vendor involves numerous risks. Sam's CUCollaborate hopes to mitigate some of these risks by providing platforms that effectively codify the industry’s seemingly disparate collective knowledge so that CUs can learn from each other’s experiences.
We discuss this example and more as we dive deep into the background of CUCollaborate and the many ways it can help CUs make better informed, better shared decisions for a successful future. This industry is truly unique in being able to share. That said, Sam may be on to something here. Check it out and see for yourself -- and let us know your thoughts on today's credit union collaboration. Should they share more or not?
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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.