On this episode, Chip Mahan , Chairman and CEO of Live Oak Bank , joins host Vince Passione. He shares his extensive knowledge of the evolution of banking, the impact of technology in the finance sector and the shifts in investment trends. Key Takeaways: (01:23) Chip discusses the inception and mission of Live Oak Bank, focusing on providing exceptional service to niche industries through technology. (09:32) How Canapi leverages relationships to bring unmatched value to companies. (15:55) ...
Nov 27, 2023•28 min•Season 1Ep. 8
In this episode, we sit down with Ron Draper , CEO of Somerville Municipal Federal Credit Union , to discuss the evolving dynamics of the financial world. As a leader of a smaller credit union, Ron sheds light on the challenges and the strategies they use to stay competitive, innovative and relevant in today’s rapidly changing financial landscape. Key Takeaways: (04:10) Ron discusses the increasing competition from larger banks and the importance of matching their interest rates to retain custom...
Nov 15, 2023•24 min•Season 1Ep. 7
On this episode, host Vince Passione is joined by Matt Harris , Partner at Bain Capital Ventures . Matt provides an insightful look into the evolving world of fintech, sharing his knowledge of new technology waves and the dynamics of the finance industry. From the intricacies of fintech to the expanding influence of generative AI, the conversation touches on a myriad of topics reshaping the landscape of financial services today. Key Takeaways: (03:48) Matt shares his background and how he first ...
Nov 06, 2023•24 min•Season 1Ep. 6
On this episode, host Vince Passione is joined by Charles Krawitz , Senior Vice President, Chief Capital Markets Officer and Head of Commercial Lending at Alliant Credit Union , to discuss: - Charles’ journey from the banking industry to credit unions and how it changed his perspective on lending. - Alliant’s focus on commercial real estate loans, including multifamily, student housing and hospitality. - The impact of the refinancing cliff and the potential for commercial-to-residential property...
Oct 24, 2023•21 min•Season 1Ep. 5
In this insightful episode, Rodney E. Hood , Eleventh Chairman and Current Board Member of the National Credit Union Administration , shares his perspectives on the evolving landscape of credit unions and the importance of leveraging fintech partnerships to stay relevant in today's fast-paced financial environment. He touches on the importance of mergers, effective regulation and establishing dynamic partnerships with fintechs. Key Takeaways: [03:19] Rodney discusses his regulatory philosophy, e...
Oct 09, 2023•26 min•Season 1Ep. 4
On this episode, host Vince Passione is joined by Pete Hilger , CEO at Allied Solutions , to discuss: - Allied Solutions’ roots in the credit union marketplace. - The importance of building trust over offering higher interest rates. - The need to find ways to retain and grow deposits in a low-interest rate environment. - The importance of partnerships in the credit union industry. - Credit unions investing in fintech companies. - Allied’s approach of making acquisitions to strengthen...
Sep 25, 2023•22 min•Season 1Ep. 3
On this episode, host Vince Passione is joined by Steve Williams , President and Partner at Cornerstone Advisors , to discuss: - Finding the value in entrepreneurial financial institutions. - The origin and definition of the term Gonzo Banker. - The reason all eyes in the industry are on bank deposits. - Improving the digital front door for customer acquisition and retention. - The velocity at which you can move money in today’s market. - Fighting the marketing battle with the big banks. - Navig...
Sep 11, 2023•21 min•Season 1Ep. 2
In this episode, Vince Passione , CEO of LendKey , sits down with Dan Berger , President and CEO of NAFCU , to discuss the evolving world of lending and the role of credit unions in today’s competitive financial market. Key Takeaways: 12:02 - Small creditors often cooperate, pooling their assets for better results. 13:40 - CUSOs have played an integral role in enabling innovation and building lending opportunities for credit unions over the years. 14:49 - 2021 The CUSO rule empowers the credit i...
Aug 29, 2023•22 min•Season 1Ep. 1
In this inaugural episode of 22 Minutes in Lending, Dan Berger , President and CEO of the National Association of Federally-Insured Credit Unions (NAFCU), provides an in-depth look into the ever-evolving landscape of the credit union industry and its partnerships. Dan discusses the transformational journey of NAFCU, emphasizing its cultural significance and impact on the broader financial services sector. The progression from an endorsement model to a business development relationship stands as ...
Aug 29, 2023•14 min•Season 1Ep. 1
22 Minutes in Lending is a podcast that brings you leading conversations on lending. Join host Vince Passione as he engages with industry leaders and discusses trends and current news in the lending industry. Here, we hone in on how it’s about more than just the balance sheet, and focus on what it takes to build meaningful and lasting lending relationships.
Jul 06, 2023•1 min0
