Cliff Rosenthal's guest appearances

Cliff Rosenthal

Everything Co-op with Vernon Oakes

The CU2.0 Podcast

The Cooperators: Podcasting about the Cooperative Movement

Stuart Reid

Mike Edwards

Cathie Mahon

Esteban Kelly

Roberta MacDonald

Teresa Freeborn

John McNamara

Michael Peck

Pablo DeFilippi

Melissa Hoover

Jake Schlachter

Christina Jennings

Alex Stone

Mike Reuter

Jessica Johnson

OwlTail

January 27, 2022Co-op advocate and Author Clifford N. Rosenthal discusses the role CDFIs play in the development of co-ops, and his book "Democratizing Finance: Origins of the Community Development Financial Institutions Movement."Clifford N. Rosenthal is a nationally and internationally recognized innovator, advocate, and developer of programs to provide financial access for low-income and underserved people. He joined the National Federation of Community Development Credit Unions in 1980 and served as its president and CEO for more than thirty years. He also co-founded the national Coalition of CDFIs, and served in its leadership for two decades.Throughout his career Clifford has developed food cooperatives for Native American and migrant farmworker organizations, and written manuals, monographs and articles on community development finance, credit unions, and savings to preserve the knowledge he attained.  In 2018 he released Democratizing Finance: Origins of the Community Development Financial Institutions Movement.He has received the highest honors of the National Credit Union Foundation and the Opportunity Finance Network, as well as the Lawyers Alliance of New York City and the Insight Center for Community Economic Development. The Clifford N. Rosenthal Community Center in the St. Claude community of the Upper Ninth Ward of New Orleans honors his assistance in helping the ASI Federal Credit Union recover from Hurricane Katrina. He was inducted into the African American Credit Union Hall of Fame in 2019, the first non-African American so honored.

January 27, 2022 Co-op advocate and Author Clifford N. Rosenthal discusses the role CDFIs play in the development of co-ops, and his book "Democratizing Finance: Origins of the Community Development Financial Institutions Movement." Clifford N. Rosenthal is a nationally and internationally recognized innovator, advocate, and developer of programs to provide financial access for low-income and underserved people. He joined the National Federation of Community Development Credit Unions in 1980 and served as its president and CEO for more than thirty years. He also co-founded the national Coalition of CDFIs, and served in its leadership for two decades. Throughout his career Clifford has developed food cooperatives for Native American and migrant farmworker organizations, and written manuals, monographs and articles on community development finance, credit unions, and savings to preserve the knowledge he attained. In 2018 he released Democratizing Finance: Origins of the Community Development Financial Institutions Movement. He has received the highest honors of the National Credit Union Foundation and the Opportunity Finance Network, as well as the Lawyers Alliance of New York City and the Insight Center for Community Economic Development. The Clifford N. Rosenthal Community Center in the St. Claude community of the Upper Ninth Ward of New Orleans honors his assistance in helping the ASI Federal Credit Union recover from Hurricane Katrina. He was inducted into the African American Credit Union Hall of Fame in 2019, the first non-African American so honored.

Advocate Cliff Rosenthal discusses the Role CDFIs Play in Co-op Development & Democratizing Finance

by Robert McGarvey  You want to know about community development financial institutions? Cliff Rosenthal is the man you want to talk to.  He literally wrote the book on CDFIs and also the longstanding credit union initiative to serve the unbanked: Democratizing Finance: Origins of the Community Development Financial Institutions Movement. This podcast also posted to the CU2.0 Podcast series which I run.  That’s a professional credit union series but the Rosenthal podcast has wider appeal because – fundamentally – it’s about bringing financial services to the unbanked and underbanked and stimulating more economic activity in communities that may be ignored by mainstream banks and even many credit unions. Credit unions of course are cooperatives. Not all credit union employees know that. But it is fact. Have CDFIs lived up to their potential? Have credit unions changed the shape of financial services in America? Rosenthal has opinions and he shares them in this podcast. Along the way he talks about his stint at the CFPB – and the ingrained credit union executive distrust of that institution. Which may not be entirely warranted. Rosenthal pulls no punches. He said, “It dismays me that 100 years after the birth of credit unions we still have a significant problem of the underbanked and unbanked.” And, note, about 25% of households falls into the category.  Rosenthal also said that in 1990 there were around 13,500 banks and thrifts and a like number of credit unions.  There now are about 5500 of each.  “The number of credit unions falls by 200 to 300 each year.  Ten years from now there will be 3000, 3500 credit unions.” That math is flawless. And it has to scare you. In this podcast, you’ll hear a discussion of the successes of a Mississippi CDFI credit union executive Bill Bynum.  He told his own story in this podcast. You’ll also hear about Jim Blaine, the charismatic, longtime CEO of State Employees’ Credit Union in North Carolina, one of the country’s biggest. And you’ll also hear Rosental insist that many credit unions that focus on serving the underserved do better financially than those that focus on fighting with banks for more affluent consumers. If you enjoy this podcast, listen in to the podcast with Cathie Mahon, CEO of Inclusive, a trade group for institutions that focus on community development.  Like what you are hearing? The Cooperators Podcast seeks sponsors and supporters to help us spread the word about cooperatives and how they often are the better way. Contact Robert McGarvey to find out what you can do to sustain this podcast.

by Robert McGarvey You want to know about community development financial institutions? Cliff Rosenthal is the man you want to talk to.  He literally wrote the book on CDFIs and also the longstanding credit union initiative to serve the unbanked: <a href="https://www.amazon.com/Democratizing-Finance-Community-Development-Institutions/dp/1525536621/ref=sr_1_1?crid=DV3B82V3X2MI&amp;keywords=democratizing+finance&amp;qid=1557871697&amp;s=gateway&amp;sprefix=democratizing%2Caps%2C203&amp;sr=8-1" rel="nofollow" target="_blank">Democratizing Finance: Origins of the Community Development Financial Institutions Movement</a>. This podcast also posted to the<a href="https://www.stitcher.com/s?fid=395363&amp;refid=stpr" rel="nofollow" target="_blank"> CU2.0 Podcast</a> series which I run.  That’s a professional credit union series but the Rosenthal podcast has wider appeal because – fundamentally – it’s about bringing financial services to the unbanked and underbanked and stimulating more economic activity in communities that may be ignored by mainstream banks and even many credit unions. Credit unions of course are cooperatives. Not all credit union employees know that. But it is fact. Have CDFIs lived up to their potential? Have credit unions changed the shape of financial services in America? Rosenthal has opinions and he shares them in this podcast. Along the way he talks about his stint at the CFPB – and the ingrained credit union executive distrust of that institution. Which may not be entirely warranted. Rosenthal pulls no punches. He said, “It dismays me that 100 years after the birth of credit unions we still have a significant problem of the underbanked and unbanked.” And, note, about 25% of households falls into the category.  Rosenthal also said that in 1990 there were around 13,500 banks and thrifts and a like number of credit unions.  There now are about 5500 of each.  “The number of credit unions falls by 200 to 300 each year.  Ten years from now there will be 3000, 3500 credit unions.” That math is flawless. And it has to scare you. In this podcast, you’ll hear a discussion of the successes of a Mississippi CDFI credit union executive Bill Bynum.  He told his own story in this <a href="https://mcgcutech.blogspot.com/2018/11/cu20-podcast-episode-12-bill-bynam-ceo.html" rel="nofollow" target="_blank">podcast</a>. You’ll also hear about <a href="https://www.newsobserver.com/news/business/article75112217.html" rel="nofollow" target="_blank">Jim Blaine</a>, the charismatic, longtime CEO of State Employees’ Credit Union in North Carolina, one of the country’s biggest. And you’ll also hear Rosental insist that many credit unions that focus on serving the underserved do better financially than those that focus on fighting with banks for more affluent consumers. If you enjoy this podcast, listen in to the <a href="https://mcgcutech.blogspot.com/2018/12/cu20-podcast-15-cathie-mahon-ceo-of.html" rel="nofollow" target="_blank">podcast </a>with Cathie Mahon, CEO of Inclusive, a trade group for institutions that focus on community development.  Like what you are hearing? The <a href="https://www.stitcher.com/s?fid=397208" rel="nofollow" target="_blank">Cooperators Podcast</a> seeks sponsors and supporters to help us spread the word about cooperatives and how they often are the better way. Contact<a href="http://www.mcgarvey.net/newsite/wp-admin/rjmcgarvey@gmail.com" rel="nofollow" target="_blank"> Robert McGarvey </a>to find out what you can do to sustain this podcast.

The Cooperators Podcast Episode 17 Cliff Rosenthal CDFIs

You want to know about community development financial institutions? Cliff Rosenthal is the man you want to talk to.  He literally wrote the book on CDFIs and also the longstanding credit union initiative to serve the unbanked: Democratizing Finance: Origins of the Community Development Financial Institutions Movement.Have CDFIs lived up to their potential?Have credit unions changed the shape of financial services in America?Rosenthal has opinions and he shares them in this podcast.Along the way he talks about his stint at the CFPB - and the ingrained credit union executive distrust of that institution. Which may not be entirely warranted.Rosenthal pulls no punches. He said, "It dismays me that 100 years after the birth of credit unions we still have a significant problem of the underbanked and unbanked." And, note, about 25% of households falls into the category. Rosenthal also said that in 1990 there were around 13,500 banks and thrifts and a like number of credit unions.  There now are about 5500 of each.  "The number of credit unions falls by 200 to 300 each year.  Ten years from now there will be 3000, 3500 credit unions."That math is flawless. And it has to scare you.In this podcast, you'll hear a discussion of the successes of a Mississippi credit union executive Bill Bynum.  He told his own story in this podcast.You'll also hear about Jim Blaine, the charismatic, longtime CEO of State Employees' Credit Union in North Carolina, one of the country's biggest.And you'll also hear Rosental insist that many credit unions that focus on serving the underserved do better financially than those that focus on fighting with banks for more affluent consumers.If you enjoy this podcast, listen in to the podcast with Cathie Mahon, CEO of Inclusive, a trade group for institutions that focus on community development.Like what you are hearing? Find out how you can help sponsor this podcast here. Very affordable sponsorship packages are available.Find out more about CU2.0 and the digital transformation of credit unions 

You want to know about community development financial institutions? Cliff Rosenthal is the man you want to talk to.  He literally wrote the book on CDFIs and also the longstanding credit union initiative to serve the unbanked: <a href="https://www.amazon.com/Democratizing-Finance-Community-Development-Institutions/dp/1525536621/ref=sr_1_1?crid=DV3B82V3X2MI&amp;keywords=democratizing+finance&amp;qid=1557871697&amp;s=gateway&amp;sprefix=democratizing%2Caps%2C203&amp;sr=8-1" rel="nofollow" target="_blank">Democratizing Finance: Origins of the Community Development Financial Institutions Movement</a>.Have CDFIs lived up to their potential?Have credit unions changed the shape of financial services in America?Rosenthal has opinions and he shares them in this podcast.Along the way he talks about his stint at the CFPB - and the ingrained credit union executive distrust of that institution. Which may not be entirely warranted.Rosenthal pulls no punches. He said, "It dismays me that 100 years after the birth of credit unions we still have a significant problem of the underbanked and unbanked." And, note, about 25% of households falls into the category. Rosenthal also said that in 1990 there were around 13,500 banks and thrifts and a like number of credit unions.  There now are about 5500 of each.  "The number of credit unions falls by 200 to 300 each year.  Ten years from now there will be 3000, 3500 credit unions."That math is flawless. And it has to scare you.In this podcast, you'll hear a discussion of the successes of a Mississippi credit union executive Bill Bynum.  He told his own story in this <a href="https://mcgcutech.blogspot.com/2018/11/cu20-podcast-episode-12-bill-bynam-ceo.html" rel="nofollow" target="_blank">podcast</a>.You'll also hear about <a href="https://www.newsobserver.com/news/business/article75112217.html" rel="nofollow" target="_blank">Jim Blaine</a>, the charismatic, longtime CEO of State Employees' Credit Union in North Carolina, one of the country's biggest.And you'll also hear Rosental insist that many credit unions that focus on serving the underserved do better financially than those that focus on fighting with banks for more affluent consumers.If you enjoy this podcast, listen in to the <a href="https://mcgcutech.blogspot.com/2018/12/cu20-podcast-15-cathie-mahon-ceo-of.html" rel="nofollow" target="_blank">podcast </a>with Cathie Mahon, CEO of Inclusive, a trade group for institutions that focus on community development. Like what you are hearing? Find out how you can help <a href="https://drive.google.com/open?id=1VPXDNbuX54RsnC9Qw4RB8CldarTPCbyT" rel="nofollow" target="_blank">sponsor </a>this podcast <a href="https://drive.google.com/open?id=1VPXDNbuX54RsnC9Qw4RB8CldarTPCbyT" rel="nofollow" target="_blank">here</a>. Very affordable sponsorship packages are available. Find out more about <a href="https://cu-2.com/blog/" rel="nofollow" target="_blank">CU2.0 </a>and the digital transformation of credit unions

CU2.0 Podcast Episode 37 Cliff Rosenthal on CDFIs