August 2, 2021 // 2:00-3:30 p.m. CT
Speaker: Pierre Cardenas
Review a case study of a $125M credit union that was on the brink of being taken over by the NCUA. This credit union was mandated by the NCUA to grow loans without utilizing an indirect program while they had no marketing budget and no budget to hire while their capital ratio fell below 6%.
In this “What would you do?” discussion, discover how to turn things around – a “get out of jail” plan for struggling credit unions. Learn how one credit union became a top lending organization in a five-year span after implementing a successful turnaround and what you can start doing now to help improve yours.