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TAMPA, Fla. — Tom Dorety, the CEO of the $5.9 billion Suncoast Schools Federal Credit Union and the incoming CUNA chairman, sees days of challenge and opportunity ahead for credit unions as they seek to serve their members through one of the more significant economic downturns the U.S. has seen recently.

“On the one hand [the economic downturn] is a challenge because every one of our credit unions is going to see members who will be hurt economically by this and who will need their help,” Dorety said. “But the opportunity comes from those same members and those same problems. This will be a chance for credit unions to have an even more direct and tangible impact on their members,” he added.

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