adminThe first 100 attendees that are registered for Idea Institute by Sept. 11 will receive exclusive SWAG delivered to your door!
Sometimes the solution to a challenge lies in looking at the problem in a whole new way! Idea Institute Virtual Experience will inspire you to look with fresh eyes at how your credit union will face the future!
Meet Presenters Mark Caverly and Dwayne Naylor:
Mark Caverly, president of Local Government FCU, and Dwayne Naylor, president of Civic FCU, know all about looking at problems from new and innovative angles. In their joint session, hear about their journey to find creative solutions to difficult challenges and serve members in powerful new ways.
Local Government Federal Credit Union (LGFCU) is a well-known and respected credit union based in Raleigh, N.C. Their charismatic leadership, cutting-edge innovation, and leap to start up a new credit union have earned them a reputation around the U.S. as a credit union to watch and study. In 2018, Georgia credit union league staff took a group of credit unions to spend some time meeting with them and learning more about their credit union, which included a visit with the implementation team for Civic FCU.
LGFCU was chartered in 1983 with the support of State Employees’ Credit Union. Almost 40 years later, this is still one of the most innovative partnerships in our industry. Today, LGFCU serves more than 360,000 members, with $2.6 billion in assets. In 2018, they sponsored the start of Civic Federal Credit Union to kick off the next evolution of financial services. Continuing the focus on local government employees, Civic is the first all-digital de novo credit union serving consumers and small businesses. Civic grew to $52 million in assets in the first 12 months. It took LGFCU over 10 years to reach the same milestone.
Mark Caverly and Dwayne Naylor will each share what they’ve learned on this extraordinary journey!
Join Mark to discuss the evolution of LGFCU and what led to the decision to charter a new credit union. And don’t miss Dwayne Naylor’s exploration of the challenges and opportunities of starting a new credit union, focusing on niche products and services in a digital environment.
