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Amplifying Credit Unions’ Message of Safety
Amplify Credit Union CEO Kendall Garrison shares thoughts on running a fee-free shop, explains why CU members need not be overly fearful of an SVB situation, and why conveying that message requires finesse. Also- the Godot Recession, and a skewed definition of small banks.
Links related to this episode:
Amplify Credit Union’s Fee-Free approach: https://www.goamplify.com/fee-free/
Reuters’ reporting on “small bank” deposit losses: https://www.reuters.com/markets/us/us-large-bank-deposits-rose-week-after-svb-collapse-fed-data-2023-03-24/
Our prior episode untangling the SVB mess: https://www.big-fintech.com/Media/BIGcast/ArticleID/865/Silicon-Valley-Bank-through-a-Credit-Union-Lens
Fox Business shines a light on credit union safety: https://www.foxbusiness.com/markets/how-safe-credit-unions-bank-turmoil
Join us on Wednesday March 29 at Noon ET/9am PT (note the earlier time) as we celebrate the 100th episode of our live, interactive CU Town Hall. We’re marking the occasion with an appearance by noted author and futurist Brett King. All are welcome but registration is required: https://www.cutownhall.com/
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