Here's an uncomfortable reality that our Credit Union comrades must grapple with: a whopping 84% of digital transformations fail, according to Forbes. 

And this isn't just a Credit Union issue; it's an industry-wide epidemic, with every data point on the internet citing a two-thirds or higher failure rate.

What truly unnerves us about this staggering statistic is the impact it has on our Credit Union members. After all, they are the reason we exist, and they're relying on us to navigate these turbulent economic times.

We're not just talking about a failed project or wasted resources here. We're talking about failing to provide the timely and effective help our members desperately need. If we can't access our member data on-demand, and if we can't swiftly convert insights into action – how can we genuinely assist them? How can we live up to our promise to be their trusted financial partner?

In our latest episode of The Banking on Experience Podcast, we aren't dwelling on failure. Nope. Instead, we're flipping the script and discussing how Credit Unions can achieve successful digital transformation.

Why is this so crucial? Because our members' wellness is at stake, and the "too-big-to-fail" banks are waiting in the wings. And let's be honest, those guys have never offered me, or probably any of you, a decent rate on an auto loan.

Big promises require big firepower, and that's exactly what we're bringing to the latest podcast episode. We've invited two heavy hitters in the world of digital transformation, and they're here to show us how to get it right.

First, we have Jamie Jackson, CEO of Arkatechture, a data transformation company with a remarkable 100% successful implementation rate. They're not just any data company; they're also a CUSO that recently clinched the CUSO of the Year title at the 2023 NACUSO Event.

Then we have Nishant Rao, helming CRMNEXT North America, a financial CRM that has overseen four of the five largest successful CRM implementations worldwide and has a stunning record of zero customer churn. Talk about setting the bar high!

These industry veterans are not just talking the talk; they're walking the walk, and they are here to share their invaluable insights and proven strategies with us.

Get ready to learn how to do digital transformation, and data transformation, the right way.

Happy transformation, friends.

In recent weeks, we've seen deposits move from regional banks to colossal, too-big-to-fail institutions, as people grow increasingly concerned about their deposit safety.

Is this the perfect opportunity for Credit Unions to showcase their unique value to Americans and increase their market share? And if this is a golden opportunity to win hearts and minds, how can Credit Unions present themselves as a safer, superior alternative to banks?

If only there were a seasoned Credit Union Marketer to guide you in seizing the opportunity to convey credit unions' unique value and attract more deposits. 

Meet CU Joe, the bold, brutally honest CU Marketer who's changing the game with new, inventive Credit Union marketing strategies! 

Joe Sheridan, aka "CU Joe," Head of Business Development for Simply Insights and CUSO Sales for Creative Choice Solutions, joins JT and Josh for a riveting episode of Banking on Experience, powered by CRMNext. 

Dive into discussions on thriving during a recession, standing out amidst member noise, CU marketing challenges, and the bright future of his CUSO. 

Get ready for more brutally honest financial insights to help you level up.

Looking for brutally honest answers to your liquidity challenges?

Then you won't want to miss out on the first-ever Banking on Experience Live Podcast: Liquidity Crisis 2023 and actionable solutions.

This live podcast brought together a community of credit union professionals and industry experts who are committed to sharing their insights, knowledge, and experience to help you solve your liquidity challenges.

During this live podcast event, hosts Joshua Barclay and Jonathan Taylor cover the liquidity crisis from multiple angles.

• Liquidity Threats –– What are the “iceberg ahead” liquidity threats on the horizon that Credit Unions should be looking out for?

• Low-Hanging Fruit –– What are the easy initiatives Credit Unions can implement right now to boost their liquidity position?

• Innovative Solutions –– What are new, inventive ways in which Credit Unions can boost liquidity?

The focus of this live podcast is to provide brutally honest answers to the biggest liquidity challenges facing the Credit Union industry, and the expert panel delivered just that.

The expert panel included the following names:

• Merry Pateuk, Senior VP, PSCU

• Ian Lampl, Cofounder & CEO, Loanstreet INC.

• Dan Daggett, President of Daggett Enterprises

Listen to the Banking on Experience Live Podcast to level up your liquidity right now. 

Stay tuned for future Banking on Experience Live Podcasts, as our mission is to build a community of Credit Union professionals who share insights and help each other level up as professionals.

Together, we can create a better future for the credit union industry.

As we strive to embody our values, it's essential to evaluate ourselves periodically. Joe Winn, also known as the "CU Geek" and a Data/Marketing Jedi, has demonstrated as President of GreenProfit Solutions that aligning your Credit Union's business model around social purpose is vital. 

During this week's episode of Banking on Experience, we discuss how straying from the "People Helping People" mantra has led some Credit Union decisions astray. We must always choose the light side of the force, and it's time for a "check-up from the neck up."

Lastly, if you'd like to sign up for our live podcast tackling the liquidity crisis, you can sign up here: https://www.crowdcast.io/c/banking-on-experience-live

Taylor Nelms is here to reveal Filene's latest Breakthrough research for Credit Union Success.

Armed with insights from Filene's cutting-edge incubators, research projects, and focus groups, Taylor talks about the toughest problems facing Credit Unions and how to solve them.

Now, let's talk about the awesome organization Taylor Nelms is a part of. 

Birthed in 1989, Filene Research Institute is like the Area-51 of the Credit Union space. I say that not because Filene has alien spacecraft but because they are responsible for cutting-edge research that sparks innovation for Credit Unions. 

In this interview, we offer you a glimpse into the future of Credit Union innovation. The future looks bright. 

Lastly, if you want to sign up for the Banking on Experience Live show, use the link below: 

https://www.crowdcast.io/c/banking-on-experience-live

Are you ready for more from the "CU That Could"? Well, we've got you covered! Becky Reed, CEO of LoneStar CU, is back by popular demand for the second installment of our deep dive into the world of cryptocurrency. 

Joining her is John Wingate, CEO and Founder of BankSocial, whom she affectionately refers to as her "crypto bro from another mo."

In this episode of "Banking on Experience," we take a closer look at the crypto debate through the lens of the CU space and hear the story of BankSocial. Listen in as John and Becky explain why they built their Crypto Exchange for Credit Unions.

Get ready to discover the smartest way to offer cryptocurrency to your members! After listening,  you'll gain the knowledge and confidence you need to offer crypto like a pro. Don't miss this exclusive opportunity to learn from the best and take your Credit Union to the next level!

If you would like to join us for the Banking on Experience Live Event, use this link to register: https://www.crowdcast.io/c/banking-on-experience-live

This week we are honored to have the Vice Chair of the NCUA (and Maine small-town boy), Kyle Hauptman.

Kyle opens up about the biggest political and economic issues that are hitting our Credit Unions and their members during this recession,  the current and future economic climate, the upcoming GAC (Governmental Affairs Conference), and his journey from Bar Harbor, Maine, to his appointment from the highest office in our land!  

Grab a coffee, cocoa, or maybe something a little stronger, and get bundled by the fire and join us for this brutally honest fireside chat from the armchair of the vice chair of the NCUA. 

Lastly, if you're interested in signing up for our live online event: "Banking on Experience All The Way Live," you can sign up for the event here:  https://crowdcast.io/c/banking-on-experience-live

The theme of this live event: Proven solutions and actionable steps your Credit Union can take now to find more liquidity during this recession

During this live online event, we will be joined by special guests who have experience building liquidity in creative ways, and if our guests cannot answer your question, your peers will field your questions, too. Alternatively, you have the ability to answer questions, as well.

This isn’t a boring webinar where you passively watch talking heads for an hour –– this is a live, interactive event to strengthen the Credit Union movement with brutally honest insights to help you level up as a Credit Union professional. 

Here's the link to sign up for the event, again: https://crowdcast.io/c/banking-on-experience-live

Dear Credit Union Listeners, if you're thinking of dismissing Bitcoin and not making it an option for your members, you may be missing the big picture. 

Your Members didn't stop making investments after they discovered what Bernie Madoff was doing on the 17th floor of the Lipstick Building. According to this week's guest, this FTX fiasco is no different –– the demand for Bitcoin will continue. 

With all of the doom and gloom surrounding Bitcoin, we wanted to bring you (and us) some much-needed perspective.

Chris Kline, Co-Founder and COO of Bitcoin IRA, is here to give you a crash course on the history of Bitcoin, what really happened in the FTX scandal and the best way you can safely and securely offer Bitcoin to your Members today. 

Chris is uniquely qualified to talk about Bitcoin. He created a service, Bitcoin IRA, that allows "investors to capitalize on the rapidly growing digital currency market space for their retirement portfolio while maintaining full IRS compliance. Under his direction, the company has grown to over $100 million in assets under custodianship," according to the Forbes Council.

If you ever thought, "I want to offer Bitcoin to my Members, but I don't know where to start," this is the podcast for you.

Yeah, we're definitely in a recession, but that doesn't mean Credit Unions should sit idle. It's time to take action. 

Back by popular demand, Jim Ryan, VP of Strategic Partnerships at Curql Collective, is here to help us kick off 2023 with a message of hope.

In this episode, Jim gives his take on the 2023 recession and how strategic participation in Curql Collective and Curql Fund can help solve the challenges of Credit Unions during a cloudy economic forecast.

This podcast episode is for the Credit Unions that want to learn how to build a better member experience with the help of fintech, and Jim is the perfect guy to help you do that. 

The mission of our podcast is to have brutally honest conversations about the biggest challenges facing Credit Unions and Banks in 2023. If that interests you, this is the podcast for you. 

Everyone in the Credit Union space has heard the same thing for almost a decade: The fintechs are coming!

But few people have offered Credit Unions actionable advice on how to compete in the era of ever-changing financial technology –– until now.

Ron Araujo, President of Mission Federal Services, LLC, a CUSO that has become one of the country’s first fintech investment funds for CU products and services, is here to teach you how to get your CU on the fintech playing field. 

Ron shares how and why Mission Federal decided to step into the fintech world and what they did to improve their odds of winning through a hybrid model of direct investments and a close relationship with another CUSO, CURQL Collective.

On this episode of the Banking on Experience Podcast, we offer you a dynamic conversation about the evolution of member service and how actively investing in the future of fintechs can future-proof your Credit Union. 

If you want to know how your Credit Union can embrace technology and thrive in 2023, this is the podcast episode for you.