I just read Mike Welch's Sept. 14 column and you know it proves even more that sometimes you just have to call a spade a spade, especially on the charter conversion issue.
I am always amused by how these high-profile credit union "leaders" and consultants try to wow us with their intellectual reasoning for switching to a bank charter. And just as Welch said.it's all about making a buck, plain and simple.
If these guys are so intent on joining the ranks of our friends in the banking industry, they should go find a job at one or start their own and leave their members and credit unions out of it. Kudos to Welch for telling it like it is.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
