Ep. 82 - MBFS Quick Hits feat. Craig Page - The Latest Happenings at MBFS
Manage episode 485326343 series 3316827
MBFS CEO Mark Ritter and a guest from his team catch up on the latest happenings at MBFS, the credit union industry, and other odds and ends.
IN THIS EPISODE:
- (00:00) Craig Page shares his professional background and responsibilities
- (01:57) Mark introduces a new, shorter episode format featuring MBFS team members
- (04:30) Mark and Craig discuss their moves from suburbia to rural areas
- (06:49) MBFS sees unexpected growth in 2025 in the CUSO
- (08:41) Craig explains the value of small credit unions in partnering with a CUSO like MBFS
- (10:32) Craig shares his reaction to the boom in lending
KEY TAKEAWAYS:
- The Credit Union Conversations podcast has introduced a shorter, more conversational format featuring "quick hitters." These episodes, airing twice monthly, will focus on current industry topics, updates from MBFS, personal anecdotes, and team insights, in contrast to their traditional long-form interviews.
- Despite expectations for a flat year, MBFS has experienced rapid growth, with seven new credit unions joining early in the year and 18 more in the pipeline. Loan volume has also increased, reflecting strong demand for its services.
- Smaller credit unions are increasingly entering the member business lending space but face resource and staffing challenges. MBFS offers a “plug-and-play” solution, handling everything from origination and servicing to loan workouts, making it easier for credit unions to scale without heavy internal investment.
RESOURCE LINKS:
MBFS, CUSO, Mark Ritter, Credit Unions, Growth, Lending, Origination, Servicing, Pipeline, Small Credit Unions, Team, Industry, Business, Partnerships, Future of Lending, Boom in Lending, Unexpected Growth, Partnering With MBFS, Services, Loan Volume, Business Lending
83 episodes