The 10-year plan has been whittled down to a five-year plan. Since 2020, that five-year plan was knocked down to a three-year vision and, in many cases, credit unions aren’t looking out much more than one year; even then, that’s just a short-term outlook in a pandemic-filled fog.

Many credit unions had some grand plans for the future before our world became covered in COVID.

For instance, Bill Partin, president/CEO of Sharonview Federal Credit Union in Indian Land, S.C. ($1.7 billion in assets, 99,630 members) had some big ideas for his credit union’s new 180,000-square-foot headquarters. As Partin put it, “We had built a gym. We had a lake with a trail around it. We created an oasis room with a ping-pong table, Dave & Buster shuffleboard, pool table, foosball, a couple of big flat-screen TVs and some couches. We built a state-of-the-art training facility – back when we thought in-person training was the gold standard.”

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Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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