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How GoldmanSachs/ Amazon Partnership Affects Traditional Banks and Credit Unions

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Outside of COVID-19 there is a bit of news happening in the financial services industry. Our President, Brandon Spear, joined Mike Lawson on the CUBroadcast show to share his thoughts on the recent Goldman Sachs/Amazon partnership. The new partnership looks to expand Amazon’s current offering of loans to small- and medium-sized businesses.

Brandon discusses what this move means for the financial services industry and how it affects traditional banks and credit unions. Is this a shot across the proverbial bow of financial institutions? Find out in their conversation.

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