The CU2.0 Podcast

CU 2.0 Podcast Episode 348 Inside the Mind of Hanscom CEO Peter Rice - from Tax Exemption to Walking the Camino

Robert McGarvey Season 7 Episode 348

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On the show today is Peter Rice, CEO of Hanscom Federal Credit Union, a  $1.9 billion institution headquartered in Boston that took flight in 1951 at Hanscom Air Force Base.  


Rice is a repeat guest.  His first appearance came in 2021 when he was Chief Banking Officer at Workers Bank.  That episode has been reposted as Greatest Hit #25.  


On this show Rice’s mind roams across the many issues credit unions are now wrestling with - the possible loss of the federal income tax exemption, possible changes at NCUA in the DOGE restructuring of Washington DC, the retirement of America's Credit Union’s CEO Jim Nussle, Hanscom's acquisition of The People’s Bank (Mayland), pending regulatory approval, and a new WealthTrek facility in Government Center, Boston that is reimagining banking today and tomorrow.


But there’s more. We also talk about Rice’s walks on the Camino de Santiago, where he has three times earned a compostela,  a certificate of completion, and he muses about writing a management book about the Camino.  By the way your podcast host has earned two Camino  compostelas, in separate walks.


And there’s even a detour into the political history of Ireland, where Rice grew up.


This is a show with lots to unpack.


Listen up.  And listen again.


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