This week credit union leaders gathered at the 13th Idea Institute in Amelia Island. The Idea Institute is an intimate conference that puts credit unions in contact with industry practitioners – often those undertaking strategies outside the box – to provoke thinking, ideas and new ways of tackling the world of consumer and commercial finance. Sharing insight with the attendees were:
- Glen Sarvady, founder of 154 Advisors, on the emerging competitive landscape in the online and mobile channels,
- Darrick Weeks, COO with Wright-Patt CU, on strategic mapping for the digital distribution channels,
- Rob Miller, CEO of Vermont State Employees CU, on creating a differentiation strategy that makes a real impact through empowering possibility,
- Mike Valentine, president/CEO of Baxter CU, on creating loyal members,
- Mike Schenk, VP of Research and Policy Analysis at CUNA, on trends, impact, and credit union strategy,
- Bruce Fafard, president/CEO of 121 FCU, on crafting a sustainable lending strategy for the future.
The above speakers provided interesting context on their different areas of expertise, but unique about this conference is the personal interaction during the presentations by the credit unions themselves. Thought generation and idea sharing comes from the dialogue with credit unions in attendance, and from sharing about best practices and efforts of those around the state (or how implementation of ideas has worked in their respective shops). Don’t miss this event in 2019; stay tuned for details for next year’s Idea Institute.
