Letter: Fryzel Wants to See the Loans
The recent public exchange between the Wisconsin Bankers Association and the Wisconsin Credit Union League over member business lending sounds a lot like what has been going on in our nation’s capital for months. A stalemate between two parties who argue they can do it better, yet no one gets the job done.
The bankers believe credit unions infringe on their business by offering the same products. Apparently, believing that if you don’t have the word bank in your name, you are not qualified to offer financial products and services. And then, of course, they say, if credit unions are taxed, we have no objection to whatever they do.