Is Our Industry Shrinking?
by CUAD Communications
1/10/2019

It seems the credit union industry is on more than a decade of straight, remarkably consistent consolidation. Will the consolidation trend finally slow down?  Will it accelerate?  What can and should you do to prepare your credit union to continue thriving in this new environment?

 

At the MonDak Roundtable February 12 – 13, 2019 in Las Vegas, Nevada, you can find answers to these questions, and more. This year, we are bringing in industry expert Jim Kasch and his twenty years of credit union experience for a special pre-conference “CEO Only” session.

 

Jim Kasch has worked in many roles, from teller to CEO. He spent more than ten years with Partners Federal Credit Union, which serves The Walt Disney Company, where he led marketing, business development, sales, and strategic alliances. In 2010, he was hired to be the Chief Executive Officer for Darden Employees Federal Credit Union (DCU), chartered to serve the more than 200,000 employees of Darden Restaurants, Inc. In just six months, he and his team built a primarily virtual-delivery credit union offering a full suite of products and services.

 

Since its launch, DCU has more than tripled its asset base, grown 6 times in loan balances, quadrupled income, and grown seven times in members served. DCU’s unique business model extends to its robust relationship with its sponsor which positions the credit union as a business partner rather than only a service or benefit to employees. In addition, nearly 90% of Darden employees are Gen X or Gen Y, making DCU’s field of membership one of the youngest and largest in the country. In 2014, Jim helped orchestrate the merger between DCU and USF Federal Credit Union in Tampa, Florida. In 2015 he established his own consultancy. We are thrilled to bring his level of expertise to our Dakota credit unions at this year’s MonDak Roundtable.


The MonDak Roundtable is an exclusive opportunity for credit union CEOs, Board Members, and Volunteers from North Dakota, South Dakota, and Montana to gather together to network, learn new strategies and ideas, and meet new faces. Plan now to join us February 12 – 13 in one of the most exciting cities in the world.

 

For the full MonDak Roundtable agenda and registration information, click here

 

Hotel Information – This year, we will be meeting at the beautiful Bally’s Las Vegas Hotel & Casino. We have arranged for a group rate of $94 plus tax. This special rate will be available until Friday, January 11, 2019. After that, group rate will be based on availability.

 

To reserve your room at the special CUAD rate at Bally's click here.

 

 

 

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