Payrailz CEO Fran Duggan and Georgia’s Own Credit Union Chief Strategy Officer John Carew join us on the show to share their news of six credit unions and Payrailz partnering to create new digital payments CUSO called CU Payz. Here's what we asked them:
CU Payz six founding members include: Coastal Credit Union (Raleigh, NC), Farmers Insurance Federal Credit Union (Los Angeles, CA), Georgia’s Own Credit Union (Atlanta, GA), Meritrust Credit Union (Wichita, KS), Teachers Credit Union (South Bend, IN) and TwinStar Credit Union (Lacey, WA). CUSOs MDC and Constellation Digital Partners will also be founding members.
Check it out and let us know your thoughts.
#1129: How Callahan's 'Sustainable Business Strategy' Online Course Will Create Business Models that Drive Change for CUs...
Callahan & Associates SVP Katy Slater joins us on the program to discuss the firm's Sustainable Business Strategy with Harvard Business School's Rebecca Henderson. Sustainable Business Strategy is an online, three-module course that incorporates short video lectures and case studies modeled after the Harvard Business School case method -- along with active learning experiences.
According to Katy, these modules are completed over six weeks and encompass both individual and team-based learning activities, ending with an in-person capstone discussion in Cambridge, MA. The course starts this fall in October. Click here to register.
Katy adds that Sustainable Business Strategy helps credit union executives explore business models that drive change; create tactics that influence competitive advantages of being a purpose-driven firm; and discover ways credit union teams can become, as well as develop, purpose-driven leaders.
Callahan's has already put 30 credit union c-level executives through the course and are looking to enroll another 40 for this fall. Check it out and let us know your thoughts.
#1128: Retiring Truliant CEO Marc Schaefer Shares Importance of Mentors and Advice for New Credit Union Leaders...
Here is part 2 of our interview with retiring Truliant Federal Credit Union President/CEO Marc Schaefer. In this part, Marc discusses the importance of mentorship in his career and helping groom new credit union leaders today. In addition, he provides some sound advice for future leaders, as well as his thoughts on the current status of the industry and where he would like to see it head.
Marc also talked about how he changed as his career progressed, sharing the difference between who was then when he started and who is now on the cusp of retirement.
Much, more in this candid discussion with Marc, so check it out and let us know your thoughts.
Go check out part 1 if you missed it.
Jeff Valley, Manager of Data and Analytics at Topline Federal Credit Union, and Karan Bhalla, CEO of CU Rise, joined us on the program to show how credit unions are using predictive analytics today -- Topline, in particular. Here what we asked them:
Many takeaways in this discussion with Jeff and Karan. So check it out and let us know your thoughts.
#1126: Truliant's Retiring CEO Marc Schaefer Talks Career Highlights Such as HR 1151, CU's Growth, and Much More (pt.1)...
You all are in for a treat in this two-part interview with retiring Truliant Federal Credit Union President/CEO Marc Schaefer. Marc recently announced his retirement, occurring at the end of 2019, after 25 years serving as Truliant's leader.
In part one, we discussed the incredible growth the credit union experienced under Marc's watch (from $400 million/110,000 members to $2.5 billion/248,000 members), becoming North Carolina's third largest credit union with 33 branches to boot. He also discussed the credit union's rebranding efforts from AT&T Family Federal Credit Union to Truliant.
Lastly, Marc recollected his part in the HR 1151 (Credit Union Membership Access Act) decision back in 1998, which had most of the industry very nervous to say the least. Obviously, it turned out well for credit unions and Marc was a big part of that.
An amazing chat with an amazing human being who has devoted the better part of his life to credit unions. Our industry is that much better for it. So check it out and let us know your thoughts -- and part two is even better. So stay tuned!
Mike Lawson, Host
Married to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.