Quotes Worth Quoting
-Assistant Treasury Secretary Michael Barr explaining to a House subcommittee how the proposed Consumer Financial Protection would create uniform standards on financial products.
Member feedback was consistent regardless of [the credit union's] size. Most want really good home banking and accessibility. Obviously, you have some credit unions that have issues they have to deal with but most [members] said they want good home banking and accessibility.
-Michelle Bloedorn, executive director of The Member Loyalty Group, a CUSO that just released a report with feedback from 10,000 members on service and areas to improve.
"The truth is, we and everyone else misread the economy. There was a misreading of just how bad an economy we inherited."
-Vice President Biden said in interview on ABC's This Week.
"Reports out of California indicate relatively widespread credit union acceptance of state Registered Warrants. Credit unions are making a business decision to accept these Warrants to assist their members affected by the financial situation confronting the state of California. I commend the credit union community in California for their willingness to prudently work with affected members, exemplifying what credit unions do best."
-NCUA Chairman Michael E. Fryzel.