TAMPA, Fla.–During a webinar sponsored by Trellance, the CEOs of four large CUSOs are forecasting the coronavirus pandemic will have some long-lasting effects on CU operations and the broader marketplace.
The CEOs also cautioned credit unions to get ready for NCUA scrutiny—or prepare to stop lending—to rethink where and how people work, why this is an ideal time to be hiring, and where the opportunity lies in being the “white hat brand.”
The CEOs further offered insights around why mass issuance of contactless cards may be in order, why those 16-million people who signed up for Netflix in Q1 are a reminder of a marketing/revenue opportunity many CUs are missing, and why “buckets of bleach” are part of decision-making today.
Those issues and many others were addressed during the Trellance webinar. Taking part in the discussion were Tom Davis, president/CEO of Trellance; Tony Boutelle, president/CEO of CU Direct; Chuck Fagan, president/CEO of PSCU, and Todd Clark, president/CEO of CO-OP Financial Services. The discussion was moderated by Mike Lawson of CUBroadcast.
The full story and all that was shared during the webinar can be found here.