How We Build Products as a Cooperative
Designing new software as a cooperative and determining the best strategy with which to do so can be a balancing act. CU*Answers CEO Geoff Johnson discusses a few approaches his cooperative takes and what they take into consideration before, after, and during development.
Credit Unions and Transparency: Obligation or Risk?
CU*Answers CEO Geoff Johnson discusses a credit union’s obligation to be transparent and open with its members, along with the benefits and concerns that might follow that transparency.
The Temptations and Drawbacks of a Secondary Loan System
CU*Answers CEO Geoff Johnson discusses the draw of a secondary loan origination system and its promises of customization, specialization, and an increase in loan volumes. Should credit unions join in the trend or be wary of all they promise?
What to Do with a Denied Loan
Is your credit union defaulting to no on loan applications and working its way up to a yes? In this article, Geoff Johnson takes a more in depth look at how credit unions can go about changing that mindset to get more out of loan applications.
Changing Your Lending Mindset to Default to Yes
Is your credit union limiting itself from a lending perspective by playing it too safe? Are you leaving members in need out in the cold because they don’t fit in a neatly defined box? Read more to discover where to start opening those restrictions for win-win situations.
A Good Plan is Good for Little Without the Willingness to Adapt
Success in business comes not only from having a plan, but from being willing to adapt that plan to life’s circumstances. Check out CU*Answers COO Geoff Johnson’s insights on planning for business and life, and the necessity for adaptability in reaching your goals.
