Credit Union Trust, a new credit union service organization, has obtained a bank charter that it will use in offering trust and investment-related services.
Bank organizers are picking one another's brains about hiring decisions, applications and raising capital as part of the monthslong effort to secure charters.
There’s growing evidence that the greatest progress and most effective decision-making are not the products of a single charismatic leader or pair of leaders, but of a collaborative culture. Banks could benefit from adopting this mindset.