Golden, CO.— Seeking innovative ways to continue to grow and serve their members and community, Coors Credit Union is preparing to launch a new business services initiative in 2015. But in addition to the typical strategic planning and market research and analysis that goes into a plan as large and impactful as this, the credit union’s vice president of lending, Bryan Thomas, decided to go one step further – business lending boot camp.
To prepare himself to lead the new initiative and better position the program for success, Thomas enrolled in an intensive Member Business Lending (MBL) Boot Camp program this past year. Only eight credit union professionals nationwide completed the program, which consisted of six week-long sessions from March through September, and ended with a grueling 8-hour, closed-book final exam.
The MBL Boot Camp, presented by Cornerstone Credit Union League in partnership with Hipereon and in collaboration with the Louisiana Credit Union League and the Mountain West Credit Union Association, challenges participants to become business model structure experts, which will result in a profound impact on their business banking skills. And they did.
Hipereon CEO and Boot Camp Instructor Jim Devine said, “Test scores across the board on the final exam were exceptional. They paid the price, and all did well. It goes right along with that old saying, ‘The harder I work, the luckier I get.’ These students set the bar high, and I congratulate them for their efforts.”
“MBL Boot Camp was demanding – but life-changing,” Thomas said. “The knowledge I obtained from this program will be invaluable in bringing banking services to our members who are business owners, as well as small and mid-sized businesses in the communities that Coors Credit Union serves.”
“It’s our mission to help our members learn, dream and succeed in their financial lives,” said Tracie Wilcox, chief executive officer. “And we are looking forward to sharing our expertise and expanding our services to help members who have a business—or dream of owning one—to succeed.”
About Coors Credit Union
Coors Credit Union is a $180 million credit union serving employees of MillerCoors and Molson Coors and former employees of Coors Brewing Company, as well as residents of Jefferson County, Colo. Founded in 1954, the credit union has 15,500 members, who are also owners of the organization. Coors Credit Union provides personal consultation and financial products including vehicle, mortgage and home, equity loans; credit cards; insurance; and savings and investment products and financial guidance. Coors Credit Union can be found at www.Coorscu.org. Follow us on facebook.com/coorscreditunion.