I read, with interest, Henry Wirz’s letter in the May 11 issue, “Capital Plan Is a Bust.”
First, for clarification, the white paper was not “recently released.” It was released on April 12, 2010. Second, the white paper was released under my and my working group’s authorship.
Service to members is the hallmark of credit unions. Credit unions have a tremendous opportunity to serve the fastest growing minority demographic in the United States--Latinos. However, credit unions attempting to serve this demographic may not be familiar with some of the considerations to help offer such service.