Ep. 35: Speaking of Change - Live from the State of the Union

All Things Filene: This episode is a live recording of Filene’s annual address to our members on the state of Filene and of the credit union industry. Hear from leaders within the organization as they discuss what’s top-of-mind.

Passion for Credit Unions: Andrew Downin and Lauren Culp expressed their shared passion for credit unions and emphasized the importance of research in guiding the future of the movement, particularly in engaging young adults.

Research and Action: They highlighted the crucial link between research insights and actionable steps within the Cooperative Trust, underscoring the importance of using research to implement effective programs for young adults.

Generational Money Chatter: Research delved into how different generations perceive finances. Baby boomers view loans as a means to fulfill dreams, while Gen Xers see financial products as tools to achieve specific goals, contrasting with the more vocal and critical millennial approach to finance.

Regulation as Opportunity: The discussion centered on regulation, emphasizing that an effective regtech policy involves human decisions and interpretations despite the use of algorithms, advocating for an innovative perspective to turn regulations into opportunities for better member service.