Episode 16: The Pressures and Opportunities Facing Credit Unions

Recording live from TransUnion’s 2023 Financial Services Summit in Chicago! Kaylyn Leese, Lending Systems Manager at University Federal Credit Union and Michael Kelly, AVP of Consumer Lending at Desert Financial Credit Union join the podcast this month to discuss the challenges and opportunities facing credit unions at present and in the future. 

In this month’s episode, credit union leaders Kaylyn Leese and Michael Kelly join Craig and Josh onsite at TransUnion’s 2023 Financial Services Summit in Chicago.

Kaylyn and Michael begin by sharing what they’re excited about within the lending space followed by a discussion of the challenges credit unions are up against — including a competitive market and balancing new technology — as they pursue opportunities to support their members and communities.

Our guests then weigh in on the pressure credit unions are facing to deliver high-touch, digital experiences; Josh wonders how each of their credit unions is handling change management initiatives; and the group discusses how automating processes can be very positive for employees willing to take on new skills and grow in their careers.

Plus, Craig and Josh are put to the test when Kaylyn and Michael ask some questions in return! Our hosts offer their perspectives on the future of the mortgage industry, as well as explore potential fraud concerns that could arise from growing consumer pressures around immediacy in lending.

Finally, to celebrate recording onsite in Chicago, Craig and Josh quiz our guests on some fun Windy City history.

For questions or to suggest an episode topic, please email ExtraCredit@transunion.com.

The information discussed in this podcast constitutes the opinion of TransUnion, and TransUnion shall have no liability for any actions taken based upon the content of this podcast.