How to make sure your credit union thrives in the age of fintech
Most credit unions, and indeed most companies, don’t feel that they can be great innovators.
Innovation is for Silicon Valley startups, not credit unions.
Besides, credit unions have been around since the 1860s. Membership in the US is at record levels. If it ain't broke.
Meanwhile, whole industries are being upended by nimbler, customer-focused tech companies. Financial services is one of them.
In fact, credit unions are facing the greatest existential threat since Friedrich Wilhelm Raiffeisen and Hermann Schulze-Delitzschpioneered the first true credit unions in Germany in the 1850s.
The best way to face that threat is through innovation.
The good news is that innovation is open to anyone that chooses to adopt it. You just need a framework to get started.
The Credit Union Innovation Playbook is exactly that.