430% Growth and Why Human Connection Wins

430% Growth and Why Human Connection Wins

From Main Street AI by Multimodal

April 29, 2026 · 34 min

About this episode

Ankur Patel interviews Jed Meyer about driving significant growth in a credit union while emphasizing human connection through technology.

Ankur Patel interviews Jed Meyer, CEO of St. Cloud Financial Credit Union — a 5-branch, $425M institution serving 28,000 members in central Minnesota. Jed has driven 400% organic growth in nearly 12 years at the helm, with 2025 marking the best year in the credit union's 96-year history.Jed is focused on using technology to create more human connection, not less. From launching the first-ever CU Digital Asset Vault, to deploying ITMs without removing the human behind the window, to a meaningful difference program that empowers every teller to impact a member's life. Guest: Jed Meyer, CEO, St. Cloud Financial Credit UnionHost: Ankur Patel, CEO & Founder, Multimodal0:00 Introduction: Meet Jed Meyer0:52 What drove 400% growth and a record-breaking 20253:08 Competing as the 3rd smallest in a market of 41 institutions5:49 Price, convenience, service11:34 Operationalizing human connection at scale17:58 Where AI fits (and where it doesn't)26:03 ITMs, drive-throughs, and why the human still sits behind the window30:25 How a $400M credit union invests in tech vs. the $5B competitors36:08 The 2026 roadmap: doubling to $1B and 50,000 members41:00 Tech for survivors of domestic…

People in this episode

Host: Ankur Patel

Guest: Jed Meyer

Topics covered

  • credit unions
  • human connection
  • technology
  • organic growth
  • member experience
  • digital assets

Keywords

  • AI
  • credit unions
  • community banking
  • ITMs
  • digital assets
  • blockchain
  • member experience

Mentioned in this episode

Organizations: St. Cloud Financial Credit Union

Places: central Minnesota

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