17 min listen
259) Co-Opting Community: Transforming the Indirect Lending Experience
259) Co-Opting Community: Transforming the Indirect Lending Experience
ratings:
Length:
28 minutes
Released:
Jan 2, 2023
Format:
Podcast episode
Description
Community institutions are the backbone of lending for many businesses and individuals.
But when it’s easier to do business with bigger banks when it comes to consumer lending, community banks and credit unions lose.
Joe Ehrhardt, CEO & Founder of Teslar Software, joins the show today with incredible, concrete examples of how you can better make your small, local financial brand stack up to the big boys.
Commercial loans are not the only way forward — catering to consumers can also be a path as long as you’re making sure the consumer experience is modern and relevant to their needs.
If your own executive board can’t do your processes, neither can your customers.
Join us as we discuss:
- Community banking’s reluctance to offer indirect loans (3:05)
- Educating consumers and local businesses on community lending (10:00)
- Why financial leaders need to try their digital products (22:09)
Check out these resources we mentioned during the podcast:
- joe@teslarsoftware.com
- Teslar Software
You can find this interview and many more by subscribing to Banking on Digital Growth on Apple Podcasts, on Spotify, or here.
Listening on a desktop & can’t see the links? Just search for Banking on Digital Growth in your favorite podcast player.
Released:
Jan 2, 2023
Format:
Podcast episode
Titles in the series (100)
6) #ByTheBook: Financial Stress in the Fourth Industrial Revolution: 87% of Americans reported experiencing "high" or "moderate" levels of anxiety in connection to money in a survey conducted by Northwestern Mutual. (https://news.northwesternmutual.com/2018-06-12-New-Research-Money-Is-The-Leading-Source-Of-Happiness-An... by Banking on Digital Growth