Small credit unions have been making headlines for quite a while now regarding mergers, regulation overload, occasional mismanagement, etc. Right in the mix of it all has been NCUA Office of Small Credit Union Initiatives Director Bill Myers like an adept, three-ring circus ringmaster. And when Bill recently announced his impending departure from the office, many of us were set back a bit wondering what would become of the shrinking mass of $100 million and below institutions as our industry experiences its continued consolidation.
So we invited Bill on the program to say thank you for his hard work and to discuss what the state of small credit unions is today since he took office back in 2011. In addition, we touched on how vital small credit unions are to our industry, significant changes he has seen in the last five years, what concerns him most about this group right now, and where he sees these CUs in the next five years.
A fascinating chat, as always, with Bill Myers that you won't want to miss. Let us know your thoughts on our conversation, as well.
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.