Calix’s Post

CoBank would be very well served Thomas Halverson to have an innovator like Scott Hendrix on your board. Many cooperative leaders “talk” mission, purpose and community. I see Scott and his team exemplify what it means to be a cooperative team with a mission and purpose centered on the communities they serve every single day. He has led the Tombigbee EPA organization to innovate and radically transform their community by partnering and pushing our company - Calix to improve so that his team can lead. As this is a bank discussion - they were cash flow positive in a record 2 years (7 years is the norm), massively profitable in the 3rd year (normally ~10 yrs) and grew at an insane pace against an entrenched competitor with record satisfaction - 92NPS. Now that financial metrics are aside - the how comes out. Their leadership purpose with Scott at the front. Every community member is protected. They started there - stopping malware, phishing and viruses for ALL members. Why? Because it is right. Then they launched cyber bullying and parental support to protect children with Bark. Walk the walk. Put the community first - every member. Old and young - the vulnerable. Making everyone safer …. BETTER. Because it is the right thing to do - FAST - for the community. No debate. Got it done. Then he pushed to deploy SmartTown Wi-Fi everywhere. Why? Because he wanted first responders, sports fields, downtown and students connected. Now. A first responder asked - Why doesn’t every community CEO do this for their first responders? If the community is first - it is a mystifying list of why nots versus setting the community first and getting it done while partnering to resolve issues. Scott and his team pushed through first - and did what others can now see needs to get done. Next - he prioritized small businesses which do not have complex IT teams. Now every small business in their communities are truly secure from phishing and malware attacks for the first time - at a time when evil nation states like Russia and N Korea are attacking the vulnerable lifeblood of communities - the small business. NO MORE. Got it done. At every turn he pushes to make the community better. Purpose takes action with Scott - every day. I can think of no better candidate than Scott Hendrix for their board to bring the voice of rural America.

Great leaders can make great change

Our #portco, CNote, is doing excellent work to advance financial equality by enabling investors to invest capital into under-resourced communities. To learn more about CNote's impactful work and its collaborations with the excellent credit unions in its network, check out these inspiring stories. #ILoveMyCreditUnion #ImpactInvesting

Credit unions are invaluable to their communities and are presented with new opportunities daily. So, why compete when you can collaborate? Chad Miller, President and CEO of Southwest Louisiana Credit Union, explores the importance of competition with a collaborative twist in the latest edition of the #FinottaFinfluencers. The competitive landscape for credit unions is evolving rapidly, but so are the opportunities. Learn why focusing on community impact and innovation is the winning strategy for credit unions in today's market. #CreditUnions #FinancialInstitutions #CommunityImpact #Finotta

Check out this interview with Philip Sutliff to learn more about how Citadel Credit Union can help your business! If you would like to learn more, reach out to me directly! https://lnkd.in/eYMxTw-U #betterbusinessbanking

This article speaks volumes on Judy!

If your business used funds from a Payment Protection Program (PPP) or COVID Economic Income Disaster Loan(EIDL) during the COVID pandemic and defaulted on your loans, we wanted to make you aware of an upcoming deadline for PPP loan forgiveness and/or EIDL hardship repayment plans. March 3, 2024, is the end date for the SBA's 60-day grace period for individuals who defaulted on their COVID PPP/EIDL repayments. As the deadline approaches, there are programs you may qualify for to reduce your owed amount or lower your payments significantly. To learn more about these options, find out whether you qualify and take your next steps for loan forgiveness or hardship repayment plans, please visit the designated page on score.org.

If your business used funds from a Payment Protection Program (PPP) or COVID Economic Income Disaster Loan(EIDL) during the COVID pandemic and defaulted on your loans, we wanted to make you aware of an upcoming deadline for PPP loan forgiveness and/or EIDL hardship repayment plans. March 3, 2024, is the end date for the SBA's 60-day grace period for individuals who defaulted on their COVID PPP/EIDL repayments. As the deadline approaches, there are programs you may qualify for to reduce your owed amount or lower your payments significantly. To learn more about these options, find out whether you qualify, and take your next steps for loan forgiveness or hardship repayment plans, please visit the designated page on score.org.

A great conversation with Becky Reed about why credit unions can’t turn their back on their members age 50+. In this podcast we discuss 1. How credit unions need to step into the void left by employers. The days of pensions are long gone. 2. How members age 50+ can solve the liquidity challenges faced by credit unions and 3. How serving members at a moment of need (retirement) ensures that credit unions don’t get consolidated out. 99% of your members need to navigate Medicare and Social Security. It’s time for credit unions to take the lead and guide members through the most important health and wealth decisions they will make… plus capture the 25+ year direct deposit stream.

💡 Ever wondered about the unique benefits of Black-led credit unions? Unlike traditional banks, credit unions are not-for-profit institutions with a focus on community empowerment. Renee Sattiewhite, CEO of the African American Credit Union Coalition, explains their origin in serving the underserved: "When banks wouldn't, credit unions did." 🌐✊ Black credit unions, like 1st Choice Credit Union in Atlanta, understand and address community obstacles. Dina Hairston, CEO, emphasizes the removal of barriers: "We look at the full person, the full picture, from the financial standpoint." Learn how credit unions like 1st Choice are not just financial institutions but cooperative communities striving for inclusivity. Read the full article here: https://lnkd.in/g-DiQjey #CreditUnions #CommunityEmpowerment #FinancialInclusion #BlackOwned