There's a constant need for consistency. Just don't count on it.
I know, those two sentences are filled with redundancies and political flip-flopping. And that's part of the point – our industry strives to create processes and nice packages of services for members and potential members. But while that's going on, there's an entire group of very smart and extremely wealthy people who keep throwing a technology wrench in your plans.
Think of it like this: Credit unions look to lawmakers and governing bodies for guidance when it comes to new regulations, deleting old regulations and helping the industry evolve as "it's supposed to and as it has" for generations before us. But this generation is dealing with Silicon Valley – something previous generations never had to consider, keep an eye on or worry about.
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
