News flash: Every credit union does not have to use NCUA’s National Credit Union Share Insurance Fund.
This show was recorded on October 1.
The first guest you hear is Greg Mitchell, CEO of First Tech Federal Credit Union, and you know what had happened on September 30.
Just the day before this show First Tech and DCU had announced a merger of giants.
And yet here was Mitchell on a podcast with Splash Financial CEO Steven Muszynski.
Right there that tells you a lot about both Mitchell and Splash Financial.
You might wonder why I didn’t ask Mitchell about the merger. Simple: he had agreed to do this show a month ago and that was predicated on him talking about First Tech and how it benefits from its partnership with Splash Financial.
He had not agreed to lift the kimono about this huge credit union merger.
About two thirds into the show I told him to beat it, not because I didn’t value his commentary but because I knew he had a lot of balls in the air that day and I didn’t want to take up more of his time than necessary.
But keep listening because Muszynski muses on why the company is in Cleveland – Cleveland! – and what his exit strategy is. His insights on building a successful fintech startup are gold for any who want to do similar.
