CU 2.0 Podcast Episode 175 MBFS CEO Mark Ritter Tells How to Make Member Business Lending Work
Some credit unions are making lots of very profitable member business loans. Most aren’t. In fact, by Mark Ritter’s count, maybe 300 of the nation’s credit unions are genuine players in this business. The rest are dabblers, he says.
Senso, AI, and Creating a Proactive Home Buying Experience
I’m in the market for my next home, and while it’s exciting to browse homes on Zillow, I worry that the homes I am looking at are out of my budget.
CU 2.0 Podcast Episode 174 Tyler Gillies of January on 21st Century Debt Collection
What are the chief tools of old school debt collectors? Phone and US mail. Two problems. Nobody answers the phone when it’s an unknown number (do you?) and US mail, increasingly, is tossed unread because all the important, urgent stuff comes via email. Enter January (formerly Debtsy), a fintech that is pioneering 21st century collection […]
Growing Your Direct Auto Loan Portfolio with Loanify
How many direct auto loans do you preapprove for members? Yet, how many end up with dealer financing? Dealer financing is rarely the member’s best option. Financing is where the profit is, and you don’t want to lose it to used car dealerships. So, let’s dig into a new CUSO, Loanify, to see how they […]
Mobile Payments and 2022: 4 Things to Consider
Digital transformation was a buzzword and a growing trend in 2019. In 2021, it’s necessary for survival. And while we may be tempted to say, “what a difference a year makes,” even 2020 can’t be blamed entirely for the massive shift in consumer behavior that had already taken root. At this point, the majority of […]
CU 2.0 Podcast Episode 173 Alexey Krasnoriadtsev BankingON on Bank Dora, Mobile Banking Now and Love
Early in this podcast you will realize that Alexey Krasnoriadtsev is a different kind of tech CEO. For starters, this is a podcast where you will not hear much – probably nothing – that sends you to Google to look up words you don’t understand. But the bigger difference is that this is a tech […]
CU 2.0 Podcast Episode 172 USAlliance’s CEO Kris VanBeek on its Neo-bank Bank Dora
Meet Dora. She just may change all that you think about mobile banking.
CU 2.0 Podcast Episode 171 Andre Iervolino on Steps You Need to Take To Keep Your Credit Union Relevant
Irrelevance beckons. And it will swallow many credit unions whole. That is the message delivered by Andre Iervolino, a longtime credit union senior staffer who wrote a provocative piece in The Financial Brand entitled “10 Factors That Will Determine Banks’ Future Relevance.”
CU 2.0 Podcast Episode 170 Tim Keith of SRM on The Great Reset in Financial Services
Things are different today in financial services and, increasingly, there is a realization that we are not going back to “normal,” not later this year, probably not ever. That means credit union executives have to think bigger – more boldly – about how to compete in a changing financial services landscape.
Gen Z: How They Find Your Credit Union’s Website
By Dylan Bloniarz, soon-to-be graduate from St. Edwards University’s Master’s program in Digital Marketing and Data Analytics. This blog is about credit union web design. He is currently redesigning his credit union’s website. You may find the original post here.