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I’d expected this to be an AI free show but, let’s face it, that just isn’t likely in 2025 but the good news is that in the show Pete Major, vice president of fintech services at CUSO MDT, offers concrete AI use cases at work in MDT and he also, importantly, offers cautions about security and the leading AI tools.

In a rush to stay abreast of the fast moving AI universe are some credit unions losing sight of the need to be very sure of the security of the tools they use? Maybe.

Major provides tips on how to stay secure while still using AI tools..

But there’s a lot more in this show.

We talk for instance about the need of CUs to keep security in mind when using any technology tools. If there are flaws - and there have been some doozies in recent years - it’s the credit union that will be saddled with the bulk of the blame.

On a happier note Major discusses a suite of tools for small business members at credit unions - and, he says, demand for the tools is very hot. Is offering good tools a path to winning more business members? Just maybe.

We close the show pondering what the developments in Washington DC - anything from an end to credit union tax exemption to an end to NCUA - might mean for credit unions and also the rising CU interest in merging.

There’s a lot to unpack in this show.

Listen up.

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Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

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Quick now, what is NACUSO?

Of course that’s the National Association of Credit Union Service Organizations - and CUSOs just may be the credit union secret power.

On the show today is Seth Brickman, former CEO of QCash and now president of Ranqx, a powerful tool that can gather the necessary financial info from a wouldbe borrower, analyze and issue a verdict on a business loan application in a matter of minutes.

A typical credit union would take a couple weeks to get to that verdict - which, by the way, is “no” in two out of three cases.

Brickman is a credit union true believer and he especially believes that credit unions have the pole position in lending to small businesses in their community - if they also have the right tools and process automation.

On the show Brickman tells how Ranqx works - and it is already working at credit unions including MSU Federal Credit Union and also at CUSOs.

Which brings us back to the question that opens the show: Does NACUSO matter?

Brickman has a passionate answer and - spoiler alert - probably you can guess it.

Listen up.

Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com

And like this podcast on whatever service you use to stream it. That matters.

Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto

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Hopeful.

Determined.

In a conversation with Renee Sattiewhite, the CEO of the African American Credit Union Coalition, she came across as both hopeful and determined. And she believes there still is work to be done and she definitely is not giving up.

Definitely she knows the landscape in today’s Washington DC is dramatically different but she does not see that as a call for waving the white flag of surrender.

Along the way you’ll hear mentions of some of the great heroes of AACUC such as Bill Porter and Bert Hash Jr. and Bill Bynum. But you’ll also hear the names of many very successful women.

The ancient Greek philosopher Heraclitus said you can’t step into the same river twice, change is our constant. So it definitely is today and Renee Sattirewhite is determined to contribute her views on the kinds of changes we need to be making.

Listen up.

Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available. Email rjmcgarvey@gmail.com

And like this podcast on whatever service you use to stream it. That matters.

Find out more about CU2.0 and the digital transformation of credit unions here. It's a journey every credit union needs to take. Pronto