Jesse Schwamb, CFA , Members 1st Federal Credit Union (PA)

07/29/24 • 35 min

In the 7th episode of season 3, Vin and Zach are joined by the dynamic Jesse Schwamb of Members 1st FCU in Pennsylvania, a top 50 CU by asset size in the United States. The three embark on an energetic discussion of how Jesse and his team are improving the ancient business of financial intermediation, diving into topics including: his passion for using data and technology to personalize the money experience, jumping from first- to second-level thinking, the ubiquity of fintech, and much more.

For more insights and ideas, visit DCG at DarlingConsulting.com or follow us on LinkedIn.

For more insights and ideas, visit DCG at DarlingConsulting.com or follow us on LinkedIn.

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Special Episode: Live from DCG’s 40th Annual Conference with Chris Low

Chris Low, Chief Economist at FHN Financial, joins the guys for a live appearance from DCG’s 40th Annual Balance Sheet Management Conference in Boston. Throughout a sweeping economic discussion, Chris digs into the mindset of the Federal Reserve and what to expect from their upcoming meetings, inflation trends and why “time” could be the answer, confusion within the unemployment data, resilient GDP, and the outlook for lending in the banking industry.

For more insights and ideas, visit DCG at DarlingConsulting.com or follow us on LinkedIn.

Next Episode

Falling Rate Fever with Frank Farone

In episode 8, Vin and Zach are joined by the one and only DCG Managing Director Frank Farone. The trio discusses five key themes all bankers should be thinking about if the Fed does begin cutting rates soon, hitting all aspects of the balance sheet, and more!

For more insights and ideas, visit DCG at DarlingConsulting.com or follow us on LinkedIn.

On the Balance Sheet® - Jesse Schwamb, CFA , Members 1st Federal Credit Union (PA)

Transcript

[Jesse Schwamb, 00:00]

We are just hungry for insights, and I think you guys, we have like-mindedness with shared hearts in this kind of thing where we're after that second level thinking - like we want to get after it - we want, we want to manage the balance sheet in a way that doesn’t over engineer it, but like creates exceptional value and like teases out that value. So, you know, like, I'm always saying to our people like, you know, the reason why we have the economic value like p