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How to Start a Credit Union from the Trunk of Your Car

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Manage episode 372239546 series 3036916
Content provided by Kerala Taylor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerala Taylor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The “About” pages on credit union websites are full of stories about humble beginnings—small groups of people getting together to pool their resources. Nueva Esperanza Credit Union has a similar story, but with one crucial difference: It was founded in 2010.

This month, CEO Sue Cuevas shares her inspiring journey, starting with recruiting inaugural members by copying their ID documents with a portable copy machine she kept in the trunk of her car. She talks about what spurred her to leave a 30-year career in corporate banking to start a credit union and what she’s learned along the way.

She also tackles this month’s BIG question:

What are the advantages of serving a specific demographic, and would the credit union movement benefit from more niche institutions that truly know their members?

  continue reading

101 episodes

Artwork
iconShare
 
Manage episode 372239546 series 3036916
Content provided by Kerala Taylor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kerala Taylor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The “About” pages on credit union websites are full of stories about humble beginnings—small groups of people getting together to pool their resources. Nueva Esperanza Credit Union has a similar story, but with one crucial difference: It was founded in 2010.

This month, CEO Sue Cuevas shares her inspiring journey, starting with recruiting inaugural members by copying their ID documents with a portable copy machine she kept in the trunk of her car. She talks about what spurred her to leave a 30-year career in corporate banking to start a credit union and what she’s learned along the way.

She also tackles this month’s BIG question:

What are the advantages of serving a specific demographic, and would the credit union movement benefit from more niche institutions that truly know their members?

  continue reading

101 episodes

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