The State Of The Banking Industry: Unveiling Why Banks Fail With Jay Williamson

Navigating Cyber Risk

We are seeing a number of bank failures happening recently, leaving those of us not from that sector wondering what is going on. Is our money safe? Is there a concern for our data? In this episode, Jay Williamson, the President and CEO of American Southwest Credit Union, joins John Riley and George Usi to shed light on the state of the banking industry. He talks about dealing with the challenges in regulatory requirements and narrows into the main reason why banks typically fail. Sharing what keeps him up at night as CEO, Jay highlights the importance of hiring experts to manage areas you can’t control like cybersecurity. He then discusses what excites him about what is happening currently as well as in the future of banking from both cyber and business standpoint. Plus, Jay shares leadership advice and the resources that help him become the success he is today. Don’t miss out on the wisdom from this conversation!