The Journey of Kabir Laiwalla: Leading One Of The Most Unique Credit Unions in America

Credit Union Conversations

06-12-2022 • 37 mins

Kabir Laiwalla has been the leader of Platinum FCU for more than 20 years. Founded in December 1999, Platinum FCU is a unique credit union that focuses on serving the financial needs of Shia Imami Ismaili Community Members. Kabir explains how his small credit union fits the needs of their community and keeps them members for life. Tune in to this episode to get more insight from Kabir and Mark on this episode of Credit Union Conversations.

IN THIS EPISODE:

  • [02:19] Kabir’s journey, starting in Mumbai, India, pursuing his CPA, and moving to the US.
  • [08:00] Platinum FCU, a faith based credit union serving the Shia Imami Ismaili Community.
  • [12:48] Platinum’s mission to help educate immigrants with finances in the US.
  • [17:14] Giving business opportunities for those new to the US.
  • [23:47] The Platinum Scholarship.
  • [31:00] Kabir’s thoughts on the future of Platinum FCU.

KEY TAKEAWAYS:

  • Credit unions can give a sense of community and belonging within certain faiths.
  • Meet your community with your business in areas that are lacking.
  • Understand the needs of current members, and always strive to bridge the gaps.


RESOURCE LINKS

Mark Ritter Website


BIO:

Kabir Laiwalla is the leader of Platinum FCU for more than 20 years. Platinum Federal Credit Union was founded in December 1999 to serve the financial needs of Shia Imami Ismaili Community Members. Today, with over 11,500 members and assets in excess of $240 million, we are among the fastest growing credit unions.

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