Whither credit union lending – or put more bluntly, when will today’s liquidity issues and their constraint on lending lessen?
That’s a huge topic – liquidity is a key concern at just about every credit union – and that’s why we brought together three experts with different takes on lending and liquidity.
There’s Mac Thompson, founder and president of White Clay and a data analytics expert. He’s also a former CU 2.0 podcast guest.
There’s Barry Kirby, a co-founder of Union Credit which aims to help credit unions grow their memberships. He too is a past podcast guest.
The third guest is Gary Lewis, managing director of lending and deposit solutions at Jack Henry and, you guessed it, also a past podcast guest.
This is a lively conversation about lending, liquidity and also related topics such as the threats posed by non banks, the need for better credit union curation of technology options, and a coming to grips with the credit union generational shift from Baby Boomer members to Millennials and Gen Z and what that shift entails.
You may not agree with all you hear on this show – that’d be boring, wouldn’t it? – but you will get ideas about what you need to be doing to keep your credit union in the game and winning.