Susan Langer, CEO & Founder of Spave, joined us on the show to talk about how they work with credit unions spending, saving, and giving back … and, more specifically: “Generational Purpose - how credit unions can deepen their connection with emerging consumers.”

Before we covered this generational purpose, Susan told us a bit about Spave, being a MSUFCU CUSO and winning FinovateSpring 2022's Best of Show .

She then discussed how they help credit unions deepen their connection with emerging consumers, helping them attract the next generation of members to get younger.

Susan also addressed why purpose-driven companies attract this younger demographic -- and why credit unions shoud pay close attention to this.

In closing, she shared with us other generational behaviors and perspectives as it relates to money that credit unions need to be aware of: spending, saving, giving -- all from their mobile.

Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.

In part 1 of 2, St. Cloud Financial Credit Union Chief Lending Officer Chase Larson stopped by the show to share his insights and experience working with cryptocurrency (since 2016) and why his credit union is all in on delivering digital asset services to its members -- because they're just going to go somewhere else and do it.

Chase explains what St. Cloud Financial is doing in these areas, which is beta testing new product for members for launch in early 2023.

In addition, he shares how they are introducing crypto to members via a ton of education to set them up for a successful product launch solution next year.

Chase also discussed the unspoken time crunch in getting these types of digital asset services launched and in use due to the competition working on it right now, as well.

Check it out and let us know your thoughts. And stay tuned for part 2 of our conversation, as we discuss how this new blockchain-based technology will change everything, how St. Cloud Financial is working with a very receptive NCUA, advice for other credit unions looking to get into this space, and much more.

Kiddie Kredit’s Founder/CEO Evan Leaphart joined us on the show to share his new-ish mobile app that is designed to educate children on the credit system by completing chores -- and, in turn, setting kids on a solid financial course for life that builds a financially free future.

Evan discussed what exactly is Kiddie Kredit and how does it work -- and how would a credit unions use to engage it members.

He also stepped back to talk about what prompted him to start Kiddie Kredit back in 2018 and addressing the ensuing benefits to kids using the app and, lastly, what he hopes to achieve with a little help from credit unions along the way.

Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.

Robert Eyler, PhD, President of Economic Forensics and Analytics, Inc., and Sonoma State University Economics Professor, stopped by the show to share his insights on next year's economic outlook in a myriad of areas -- as well as how it will all have an effect on credit unions.

Robert first shared with us the current state of the economy heading into the holidays and the possibility of it turning the corner into 2023.

More specifically he discussed the following items:

• Interest rates (continue their increase?)
• Inflation (continue its increase?)
• Recession (can it be avoided?)
• Lending (how will economy impact it?)
• Deposits (increasing ever? Inflation keeping it a bay?)
• Housing (what a difference a year makes! Status?)
• Labor (still tight? Unemployment still low — but fintech lay offs)

Lastly, Robert discussed what credit unions can do to prepare for what's to come in 2023. Check it out and let us know your thoughts. And be sure to watch the entire interview for all the details.

Eric Weatherly, SVP Loan Administration at VyStar Credit Union (AKUVO investor), Jim Hunsanger, Chief Risk Officer at MSU Federal Credit Union (AKUVO investor), and Steve Castagna, COO at AKUVO, all joined us on the show to share their insights and experiences on today's state of delinquency and why credit unions need to be proactive in this area using data and technology.

Steve, Eric, and Jim started the conversation discussing the state of delinquency today -- as we never really saw the expected delinquency tidal wave during the pandemic. But, with today’s inflation, stimulus money ending, and next year's possible recession, these reasons and more may finally bring it on.

All three talked about how credit unions can be proactive and leverage data and today’s technology to get ahead of this looming trend -- and why it is significant for credit unions to be proactive in this area. (Jim and Eric provided examples of how they are being proactive -- as well as results from these efforts.)

We wrapped up this intriguing conversation with their thoughts on delinquency in 2023 and how they preparing for next year in this area.

Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.