Bank With Local Decision Making 🏛️💯

Where do you see Bow Valley Credit Union in the next five to 10 years? What's really exciting you around some of the developments that you've got in the business plan for the credit union.

Not only are we trying to help people get protected from inflation and devaluation of currency through physical precious metals, but we're in the late throes of developing a program where you can actually lend against your precious metals. So it almost works like a home equity line of credit, where you basically have, say, $10,000 worth of gold value. You have it in storage. Oops, the furnace blew up. I need $5,000. You can borrow against your precious metals and actually use fiat currency and almost leverage your position to some degree, which generally, people in the gold and silver precious metals space do not want to get rid of their precious metals. So this is a significant advantage for them.