"By offering ISP services to members, credit unions create a new revenue stream, broaden and enhance member relationships and help drive online strategies by providing affordable access to credit unions' electronic services... ."
-Todd Mason, COO of CUVillage.com, speaking on CUs offering Internet access to members. "Looking back Y2K really hurt this company."
-Matt Chapman, CEO of Concentrex, on reasons that led to Concentrex being sold to Harland
(see page 1 story). "Our lingering concern with the final rule is that we think it still applies much greater risk evaluations to two assets than we think realities justify. And they are member business loans (MBLs) and long-term mortgages."
-CUNA Economist Bill Hampel, on NCUA's Risk-based net worth requirement rule.
