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The credit union industry was built on the foundation of cooperation, uniquely distinguishing itself in the financial services realm. Yet the potential for partnerships and alliances within the credit union space remains largely untapped. This limitation may stem from our internal focus on growing and improving our individual organizations. We tend to overlook the broader picture: That all credit unions desire to provide value to their members and are staffed by people who aspire to help members accomplish their financial goals. Likewise, we are all making strategic decisions to remain relevant to current and future members.

A consequence of staying within our comfort zones is that we inadvertently miss out on the chance to leverage scale and add resources for the betterment of those we serve. Collaboration between credit unions enables us to enhance our offerings to our members, foster more robust communities, and have more resources to serve both members and staff.

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