With their member-centric approach and cooperative principles, credit unions align with the decentralized ethos of blockchain technology, says Becky Reed, chief operating officer at BankSocialand a former credit union CEO.
Reed explains what decentralized finance is, why credit unions should be aware of it, and the benefits it provides to credit unions and members.
The Winter 2023 issue of Credit Union Magazine explores award-winning marketing, board training on a budget, developments in instant payments, service to small businesses, and NCUA’s final rule on member expulsion.
