On the Balance Sheet®
Darling Consulting Group’s podcast series interviewing executives from community banks and credit unions about key industry and economic issues.
On the Balance Sheet®
Matt McCombs, Vibrant Credit Union (IL)
In this month's episode, we are joined by Matt McCombs, President and CEO of Vibrant Credit Union in Moline, Illinois. Matt discusses his early days of cutting the front lawn of his father’s credit union and spending 180 days a year on the road as a consultant before ultimately landing at Vibrant and leading that organization for the last 10+ years.
Matt also shares his experiences from seven mergers in the span of 20 months, perspectives on the commoditization and fragmentation occurring in the financial services industry today, and what the “balance sheet of the future” looks like.
Tune in to hear Matt discuss why the only way to drastically change the business model of an institution is to “run towards the storm” and be the force of change in an industry “running out of runway.”
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