Welch Tells it Like it is
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.
Sometimes you just have to get things off your chest don't you!
W. Blake Strickland
President & CEO
Tennessee Valley Federal Credit Union