Mar 28, 2023
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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