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While credit unions have undoubtedly been affected by the rise of fintech startups, the concept of a "credit union startup" in this day and age is almost unheard of. If anything, the industry is trending in the opposite direction -- toward the consolidation of existing credit unions rather than the creation of new ones.
But Civic FCU, a startup credit union that launched in 2019, is bucking the trend. Bijal Gami, VP of Operations; Lamar Heyward - SVP of Marketing at Civic FCU; and Michael Spink, SVP of R&D join us for an animated discussion of how they are executing on Civic FCU's core strategy, why they started a credit union instead of a fintech company, and what we can learn by marrying a startup culture with the cooperative principles.
By Kerala Goodkin4.4
1414 ratings
While credit unions have undoubtedly been affected by the rise of fintech startups, the concept of a "credit union startup" in this day and age is almost unheard of. If anything, the industry is trending in the opposite direction -- toward the consolidation of existing credit unions rather than the creation of new ones.
But Civic FCU, a startup credit union that launched in 2019, is bucking the trend. Bijal Gami, VP of Operations; Lamar Heyward - SVP of Marketing at Civic FCU; and Michael Spink, SVP of R&D join us for an animated discussion of how they are executing on Civic FCU's core strategy, why they started a credit union instead of a fintech company, and what we can learn by marrying a startup culture with the cooperative principles.

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