Podcast

Modernizing mutuals: building relationships in a digital world with The Cumberland's Susanne Parry

13 January 2026
13 January 2026
21
mins

Episode 89 of Banking Reinvented explores how building societies are modernizing while preserving the personal touch that defines mutual banking.

Host Tim Rutten sits down with Susanne Parry, Chief Operating Officer at Cumberland Building Society (The Cumberland), to discuss how mutuals can deliver digital-first experiences without losing the human connection that makes them different. Together, they explore the unique challenges building societies face in transformation, how to design digital journeys that feel personal, and why financial wellness could become the defining differentiator for mutuals competing against larger commercial banks.

Tune in to hear how The Cumberland is reimagining member journeys, empowering colleagues with data and digital tools, and proving that modernization doesn't have to mean losing what makes mutuals special.

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Host
Presenters
Tim Rutten
Tim Rutten
Chief Marketing Officer, Backbase
Guest
Susanne Parry
Susanne Parry
Chief Operating Officer at Cumberland Building Society
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