Credit union observers say that Goldman Sachs' "Marcus" consumer lending platform may not pose a significant risk to CU personal lending portfolios, but it should serve as a wake-up call.

That's according to Chris Oldag, chief lending officer and vice president at Pacific Service Credit Union, a $1.1 billion institution based in Concord, Calif., who told CU Journal that Goldman's new venture should be taken as an opportunity for credit unions to more aggressively market their unsecured loan products through targeted emails and direct solicitation offers.

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