Quotes Worth Quoting...
"From our standpoint it would be a significant expansion of credit union business lending powers."
--American Bankers Association Senior Economist Keith Leggett on the Credit Union Small Business Lending Act (H.R. 1849). "It's a touch of arrogance to say you would be better off with us. It's a little disingenuous to say [Continental's] members are being held captive."
--Bucky Sebastian, president/CEO of $2.1 billion GTE Federal Credit Union on Wings Financial FCU's campaign to get members of Continental FCU to ask Continental's board for a vote to discuss a merger. "Those of us who have been with First Data for a while have gotten used to things like this. There is always someone at the top stirring things up."
--Rollie Penn, executive vice president with TNB Card Services on the announcement that card processor First Data has agreed to be bought from a private equity firm.