Growing deposits is a hot topic in the credit union industry right now. So anytime we can get credit unions to explain how they are succeeding in this area, we want to share their stories wit you.
That said, Community Choice Credit Union Executive Vice President and Chief Operations Officer Dan Munro and 4Front Credit Union Vice President of Marketing Keith Carey joined us on the program to share how they are growing their deposits at their respective credit unions using Autobooks and collaborating with other successful credit unions. Here's what we asked them:
(Community Choice's Dan Munro explains that this growth helps small businesses in their communities reconcile their books and send invoices that accept multiple forms of payments. 4Front's Keith Carey says it helps his credit union stand out as a better banking provider in a crowded marketplace. Check it out and let us know your thoughts. #1116: Member Access Processing's Robert Long Shares Pros and Cons of Revolving Credit Card Debt...7/25/2019
Member Access Processing Chief Revenue Officer Robert Long joined us on the show to outline the pros and cons of revolving credit card debt. Here's what we asked him:
There's a lot more in this episode, so check it out and let us know your thoughts. #1115: Glatt Consulting Provides the Latest Record-Setting Credit Union HealthScore Update...7/23/2019
Glatt Consulting Founder Tom Glatt and Consulting Partner Matt Griffiths join us on the show to report their quarterly Credit Union HealthScore update, providing a thorough look at the pulse of the industry based on their report's multiple metrics.
Tom and Matt provided the latest record-setting scores, along with potential issues with membership and loan growth. They also talked about how increasing operating expenses could be an indicator of lower scores. And lastly, Tom and Matt provided examples of credit unions performing and peak levels -- and why. Much more in this episode, so check it out and let us know your thoughts.
I've always enjoyed Callahan & Associates' "Anatomy of a Credit Union" series. They're definitely good reads. One in particular stood out for me recently and that was the story about Innovations Federal Credit Union recovering from last year's devastating Hurricane Michael -- while serving its members and community at the same time. Amazing work from these folks.
To dig a bit deeper, we invited Callahan & Associates Associate Editor Erik Payne, who researched and authored the story, and Innovations Federal Credit Union CEO David Southall. What transpired was a terrific talk on how to serve in desperate times. What else transpired was Innovation's virtual overnight growth following the hurricane, growing its deposits from $200 million to more than $270 million. We discussed how this happened, as well. Again, this is an amazing story from heroic folks serving their community in the wake of a massive natural disaster. Check it out and let us know your thoughts.
Celero Director of Application Development Barb MacLean joined us on the show to share her expertise on how vital integration services are to today's credit unions looking to enhance their digital services well into the future. Barb gives credit union examples, provides insight on open API platforms, and much, much more.
Check it out and let us know your thoughts. |
Mike Lawson, HostMarried 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. Categories
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