THE feature

SEATTLE—Even the most disciplined planning can't always prevent a crisis—just look at COVID-19 or the Great Recession. These “perfect storms” often stem from unpredictable events that only seem obvious in hindsight. But according to strategic consulting firm Jury & Lass, five key factors can help credit unions navigate and survive such turbulent times.

KERRVILLE, Texas— Torrential rain pummeled central Texas on Independence Day, dumping more than a month’s worth of rainfall in some areas and triggering deadly flash floods. In the aftermath, early reports show credit unions are once again stepping up to help their members and communities recover from a natural disaster.