The latest from Robert McGarvey

Sep 20, 2023 - by Robert McGarvey, McGarvey's Words

Everything you don’t know about BNPL and what you must know now

File this under: What you don’t know that you don’t know can hurt you. That’s my takeaway from a long conversation I recently had with Bryce Deeney, ...

Mar 17, 2023 - by Robert McGarvey, McGarvey's Words

Small is beautiful – especially in credit unions

It’s become a common claim in the credit union circles that I move in: It takes at least $1 billion in assets for a credit union to hope to ...

Dec 9, 2022 - by Robert McGarvey, McGarvey's Words

Why now may be exactly the right time for a credit union c-suiter to ask for more money

You know the line “it was the best of times, the worst of times” – thank you Charles Dickens – but this just might be a key thought for credit union c-suite ...

Sep 14, 2022 - by Robert McGarvey, McGarvey's Words

Go digital or go bust: Today’s commandment for lasting credit union success

There is one, very loud message in a new report from Alkami – now it is digital that matters in banking … really matters. Understand however: Alkami has not commandeered a soap ...

Jun 14, 2022 - by Robert McGarvey, McGarvey's Words

BNPL: Savior or hoax?

Just six months ago, BNPL (Buy Now Pay Later) seemed to be on every lip in credit union c-suites as executives eyed the rosy reports of robust lending at fintechs ...

Dec 3, 2021 - by Robert McGarvey, McGarvey's Words

Bank Dora just may be the credit union future

Maybe it is a cockamamie pie in the sky of a dreamer’s idea. Or maybe it is a key to showing the future relevance and importance of credit unions. ...

Jun 28, 2021 - by Robert McGarvey, McGarvey's Words

When credit unions buy banks: The real story

Loud, bold headlines splashed across the banking press a few weeks ago:  “Michigan credit union aims to buy Florida bank in year’s 5th such tie-up” reads one. The sky ...

Mar 2, 2021 - by Robert McGarvey, McGarvey's Words

Quō vādis, credit unions?

In a wide ranging, 90 minute interview, retired State Employees’ Credit Union CEO Jim Blaine offered up a provocative look at possible tomorrows for the credit union movement. The throughline ...