Credit Union ConversationsAuthor: Mark Ritter
Welcome to Credit Union Conversations podcast with your host, Mark Ritter, a forward-thinking CEO, who excels in helping credit unions, small businesses, and real estate investors succeed. Join Mark as he explores current trends, interview industry experts, and get fresh insights on optimizing your lending operations and delivering the best possible services to credit union members. More about your host: Mark Ritter is the CEO of MBFS & Nu Direction Lending and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership. In 2002, Mark started a large central Pennsylvania credit unions business lending program as one person and a desk with no policies, products, staff, systems, or business members. That program grew to be one of the top ten in the nation. In 2012, he took on the challenge of being the CEO of a business lending CUSO. Mark was the fifth CEO in five years for the organization, which lost money every month of its existence. Since joining MBFS, Mark increased the number of credit unions the CUSO and revenue by over 10x and ensured positive cash flow every full year hes been at the CUSO. More importantly, MBFS has helped countless credit union members gain the financing they need for business and investment needs. Mark is a native of Berwick, PA in northeast Pennsylvania, where he was a member of his high schools nationally ranked and state championship football team. After high school, Mark hung up his cleats to work for the Penn State Nittany Lions full-time as a student assistant while attending Penn State as an undergrad. During this time Penn State transitioned to the Big Ten and culminated in Penn States first Big Ten Championship and a trip to the Rose Bowl. Mark remains an avid Penn State supporter. Today Mark lives in Bucks County, PA outside of Doylestown wi Language: en Genres: Business, Investing, Management Contact email: Get it Feed URL: Get it iTunes ID: Get it Trailer: |
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Catching Up With Retirement Life of Mark Brennan
Episode 69
Tuesday, 10 December, 2024
This week, Mark Brennan joins Mark to discuss his incredible journey in the credit union industry, from the highs and lows to his experiences in leadership and the transition into retirement. Mark’s had a remarkable career, spending nearly 27 years with Clearview Federal Credit Union, including 17 years as CEO, where he brought his unique HR and strategic planning background to the role. IN THIS EPISODE:[2:53] Mark Brennan shares his background with US Airways and Clearview Federal Credit Union[7:59] The credit union was presented as a company benefit[17:36] Changing the name of the credit union and welcoming the community-required education[23:05] Collaborating with other credit unions and succession planning[29:16] Mark advises C-Suite people wanting to move forward[31:00] Mark shares his retirement lifestyle and his parting thoughts on the credit union industryKEY TAKEAWAYS: Presenting a credit union as an employee benefit highlights its value and encourages employees to explore how it can support their financial well-beingCredit unions prioritize community over competition, collaborating to strengthen local support, unlike banks that often focus on acquisitionsWorking at a credit union can be deeply fulfilling. Mark Brennan reflects fondly on his time at Clearview Federal Credit Union, sharing that the relationships with his coworkers and the supportive environment made it the highlight of his careerRESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInApplied Valuation Services - WebsiteMark Brennan - LinkedIn