Institute Occasionally Critical of CUs Changes Leadership
CHICAGO -- The Woodstock Institute, a research organization specializing in housing and community reinvestment issues that has occasionally criticized what it called 'mainstream credit unions,' has lost its long-time executive director.
Malcolm Bush had run the organization since 1992. During his tenure, the institute occasionally issued reports arguing that credit unions were not living up to their obligations to serve lower income members and underserved communities and needed to be covered by the Community Reinvestment Act. Bush has returned to research in child welfare needs.
In a letter from the Woodstock Institute Board, Chairman Ada Skyles noted that Bush had been involved in research into child welfare issues prior to coming to Woodstock and had been involved in the founding of the Chapin Hall Center for Children at the University of Chicago, where he has returned.
The Woodstock Institute is currently seeking an Executive Director.