Building credit may sound simple, but for many, it’s anything but. Steven B., CEO of Great Lakes Credit Union, joined Drew Megrey to share how his team is tackling this challenge head-on. From 0% credit builder loans to payday lending alternatives, GLCU is helping members build credit and confidence, without falling into predatory traps. In this episode, we cover: - Why traditional loan products don’t work for every demographic - How GLCU uses smaller loans to help members graduate into mainstream banking - Why they scrapped a centralized loan department in favor of a branch-first model - How they’re balancing digital tools with the human touch If you’re looking for new ways to grow lending and deepen member relationships in a tough market, this episode is worth a listen.

To view or add a comment, sign in

Explore content categories