Scott Daukes of One Washington Financial and Dave Lewis of Ranqx discuss their work at the Reseda Summit and their shared focus on helping credit unions serve small businesses. Scott says One Washington Financial has built a portfolio of 28 companies and is working with partners to move the credit union industry forward.

Dave describes Ranqx as a New Zealand company that works with credit unions to improve access to capital for small businesses. Ranqx says its goal is to accelerate the flow of capital to small businesses in America through microloans and working capital solutions.

Dave argues that credit unions are well positioned to offer these services with community trust, efficient technology, and lower costs than many fintech lenders. Scott says One Washington Financial partnered with Ranqx to build a more modern small business loan acquisition process that also supports member growth.

They discuss how interest in small business lending has increased across the credit union industry. Scott says credit unions are looking at smaller dollar business loans and ways to make access easier for members who own businesses but do not yet bank with them. Dave says the main barrier is less about technology and more about changing established commercial lending mindsets.

The two discuss implementation and orchestration. Scott says success depends on a clear vision, thoughtful rollout, and coordinating partners through internal project management and technology teams. Both say AI is helping by improving efficiency, including pre-populating credit memos and speeding up decisions, but they stress that underwriting standards and human expertise still matter.