Three keys to thrive during economic downturn

One of the funniest memes I saw recently was this one:

2020 dayplanner meme

Funny. Sad. True. When we were planning for 2020 in 2019, no one could have foreseen the pandemic or its devastating economic impact.

But the “new normal” is that we’re now living in an economic downturn. Credit unions and community banks must adjust their strategies and pivot their tactics in light of the new conditions. Many financial institutions are in a survival mode.

But that’s the wrong mindset to take.

You don’t want to just survive economic downturn. You want to thrive during economic downturn.

 

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