How has the credit union evolved in the last 30 years? We talked to Marc Schaefer, CEO of Truliant FCU, who run multiple credit unions for over three decades. According to Marc, the credit union movement has evolved from "sleepy" to "energized," with a noticeable shifts away from "traditional" banks toward more innovative, socially conscious financial institutions.
Having observed and experienced the evolution of credit unions from the 1980s to present, Marc joins us to discuss how policy, purpose, and poverty intersect when it comes to defining the next-generation credit union.