Abundance Over Scarcity: The Mindset Shift That Makes All The Difference
from The Remarkable Credit Union
The driving philosophy behind the credit union movement is that community assets can—and should—be pooled for everyone's benefit. But is the movement's cooperative ethos still viable within the decidedly non-cooperative environment that defines the broader financial services industry and our economy at large? John Felton, CEO of the Southern Chautauqua Federal Credit Union (SCFCU), answers that question with an enthusiastic YES! With nearly four decades of leadership at SCFCU, John has proven that doing good for the community is also good for business. We can choose to make decisions from a perspective of scarcity, John says, or we can choose to frame our decisions through a lens of abundance. In this episode of the Remarkable Credit Union Podcast, John talks through the nuts and bolts of what it means to lead with an "abundant mindset" and the positive outcomes for his members, his team, and his balance sheet. We also delve into this month's BIG question: How can a credit union lead with impact and be profitable, particularly in an industry where many competing institutions are driven by profit above all else?
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