GS CU Consulting's Gregg Stockdale has more than 30 years experience within the credit union industry -- many of those as a CEO. Gregg has worked in virtually every position within a credit union, so it's safe to say he knows his way around pretty well.
Recently, he was included in a CU Journal article, How Small CUs Can Turn the Tide of Consolidation, about today's growing trend of consolidation of smaller credit unions, which is slowly shrinking our industry. In this article, Gregg shares many concerns about this consolidation -- especially from the smaller credit union perspective.
So we invited Gregg on the show to provide us with his consolidation trend take, resources for smaller credit unions, how to control operating expenses, remaining relevant, increasing membership, and the two-way street of mergers. He also touched on how smaller credit unions cannot ignore financial realities.
A very in-depth chat on a timely and somewhat controversial issue. So check it out and let us know your thoughts.
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.