Credit Union of Colorado

It celebrates at its heart the work of credit unions and their vital role in enriching our lives and communities.

Brought to you by First Class Credit Union, each episode features insightful discussions revealing the meaningful impact that can be made through economic collaboration.

Mostly it's a collection of compassionate conversations about navigating life and the individual journeys we take.

Welcome to Money Made Human, a podcast by First Class Credit Union.

We're delighted today to be joined by Karen Scott, the CEO of ScottMed.

Karen, thank you so much for being with us.

We're grateful to spend time with you and hope you enjoyed it.

If you want to join a credit union, choose us.

because the custodial investor is still at the table after the quarterly money has gone.

So the book looks at lenders that already work this way, and I identify several, like RSF Social Finance here in the States and Self-Help Credit Union.

For anyone putting money into a company, one question tells you a great deal.

When does this capital need to leave, and what will the company have to become to let it? If the answer is a sale on a fund's timetable, the mission is running on someone else's clock.

But also think well beyond that.

Think to the five pillars.

Well, nurses, community health workers, teachers, librarians, foresters, and regenerative farmers, social workers, credit union managers.

Now, each of these people...

The Financial Brand Forum will be in Las Vegas, Nevada from April 5th through 7th.

National Credit Union CEO Roundtable will be in Chicago, Illinois from May 3rd through the 5th.

And then you also have the ABA Risk and Compliance Conference, another big one, which will be held in Baltimore, Maryland this year from May 18th through the 20th.

So just a kind of a brief rundown on a few of these here.

Last April speakers include executives from Bank of America, Truist, Citizens Bank, and Capital One.

Keynotes draw talent from outside finance, typically authors and entrepreneurs.

National Credit Union CEO Roundtable offers a space for leaders to exchange insights and challenge assumptions in an environment prioritizing open dialogue, connections, candor, and peer-to-peer learning.

larger discussions in the 2026 event centered on the effective innovations such as ai and stable coins the benefits of collaboration and the challenges of fragmentation so and then you get the aba risk and compliance conference um yeah the 2026 version of this conference featured key insights from lived in experience uh moderated panels included speakers from banks undergoing m a and integration Fulton Bank, Esquire, banks trying to stay under a specific asset threshold, byline.

So whether you need a rewards checking account, financial products that assist with travel, easy business loans, or affordable auto loans, come see us so we can build the community together.

Panhandle Credit Union.

Banking made better.

That's going to do it for this edition of the Inside Drive Podcast.

We'd like to thank our sponsors who make this show possible.

Beach House Sales and Development, Golf Plus, Dak Cajun Place, proud sponsor of our Athlete of the Week, the BAC 9 PCB, Juice and Sunsets, and of course, Panhandle Credit Union.

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You're fired of the conversation.

The Neil Prendergast Show with Elevated Credit Union.

Pick up the phone 0818 104 106.

You can text 0868 104 106.

So, and the next question, I mean, I want to talk about your experience in the industry right now.

Obviously, I keep on talking about that there are a lot of women leaders in smaller credit unions, but not a lot of leaders in larger credit unions, at least 2 billion asset size plus.

So as a woman leading growth at a decent-sized credit union, what has been your biggest challenge? I mean, you can be as candid as possible.

This platform is being candid.

When I got here, our long-tenured CEO was a female, Lisa Schleyhuber, and she was our CEO for 17 years.

So even though we were not that size when she became the CEO, she obviously was a big factor in helping us get to the size that we are today.

And she was all about women in business and women in credit unions.

We have a lot of women in leadership positions within the credit union.

And then really taking the players seriously.

and the coaches and melting them with the community, getting out and reading with the children, getting out and with the, with the food bank, you know, something we started in Caldwell that is a no brainer for me, which is what we call battle of the credit unions.

And we're going to take four to six local credit unions in Garing.

And each one of them is going to try to raise the most amount of non-perishable food.

And in the summertime, especially in food banks, it's when their shelves are barren.

It doesn't care.

There's no Christmas morning when the kids are getting hungry and families are getting hungry.

And so Battle of the Credit Unions, when a credit union signs up, obviously we promote them.