CU*Answers, the 100% credit union-owned, collaborative CUSO based out of Grand Rapids, Michigan announced that CEO Randy Karnes is the inaugural guest for the Co-Ops for Change Podcast. Karnes sits down with Callahan & Associates Chairman and Co-Ops for Change founder Chip Filson to discuss imperatives for regulatory leadership at this critical crossroads for credit unions.
“This effort isn’t about making an “industry-friendly” regulator,” Karnes said. “It’s about making sure the regulators recognize the unique design of credit unions over other financial service models. It’s about how a regulatory board influences the tone of an organization, the marketing and branding of the credit union.”
Co-Ops for Change is a grassroots movement to increase awareness both within the credit union community and among elected policymakers that regulatory leadership should understand and support the cooperative principals. The three major objectives are to reestablish cooperative principals as the core of the credit union regulatory system, provide credit union members and leaders the opportunity to demonstrate support for leadership based on these principals, and to advance a vision of a 21st century cooperative regulator that will enhance credit unions’ contributions from their unique capabilities based on their different design. To learn more about Co-Ops for change, to listen to the podcast, and to get involved, visit CU*Answers Supports Co-Ops for Change.