How Credit Unions Can Prepare for a Successful Future

No matter how many shiny advertisements fintechs put out, it would be a mistake to confuse them for omens marking the end of traditional financial institutions like credit unions.Credit unions have been building something for generations no fintech can compete with them on: trust.Fintechs won’t replace credit unions — but the successful ones from both camps will partner with one another. That’s something today’s guest, Dan Berger, President & CEO at NAFCU (National Association of Federally-Insured Credit Unions), is willing to bet on. Over his many years of experience working with credit unions, he’s learned the obstacles facing many — and how they can overcome them. In this episode, we discuss:- The current regulatory landscape for credit unions- Why fintechs can’t capture the trust credit unions have built- How partnering with fintechs enable credit unions to expand capabilities - Why focusing on member needs is paramount to building trustWant more lending advice? Find us on Apple Podcasts, Spotify, and here.Listening on a desktop & can’t see the links? Just search for Leaders in Lending in your favorite podcast player.