Many experts believe they see the future, and it involves wholesale revamping of the corporate credit union business model.
"Corporates need to reinvent themselves," flatly said Michael Scheuerman, senior consultant with CCG Catalyst, a financial services consulting firm. "To survive, corporates need to provide value to natural person credit unions." And of course that means figuring out what they need. "Corporates need to think about how credit unions operate. That will help them decide what services are needed."
Not every expert believes the remake needs to be radical. There are voices who insist all is well with right-sized, old-fashioned corporates.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.