Cardwell Group Senior Consultant and former Arkansas Federal Credit Union CEO Larry Biernacki is definitely one of the most genuine, positive, and passionate people you'll meet on planet Earth. To have Larry come on our show is an honor. Listening to his story and soaking up what he's learned over the years is an opportunity not to be passed up.
So Larry was kind enough to come on our show and bring up an issue not many folks, if any, are talking about: the "forgotten middle." The forgotten middle, as he explains it, is a sector of credit unions between the $250 million and $750 million asset range that are facing some challenges that the bigger, more prominent credit unions -- and even the smaller ones -- aren't experiencing.
Larry speaks from experience, joining Arkansas FCU when it was on the lower end of this spectrum. He talks of their challenges and how he and his team were able to rise above those issues and become a $1 billion organization.
It's a fascinating discussion, laden with real-world examples and anecdotes -- and solutions. So sit back and enjoy part 1 of this three-part "Forgotten Middle" series and let us know what you think.
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.