Regarding the letter from Stuart Perlitsh (“Questioning Cost of Small Credit Union Initiatives,” CU Times, April 16, 2014) I respectfully submit that we are one of the small credit unions that has benefitted directly from the involvement of the Office of Small Credit Union Initiatives at the NCUA.
Credit unions can apply for this year's second round of community development grants next month.
The majority this year's community development grants have funded mobile apps for underserved areas.
The free May 21 event will focus on OFAC and FinCEN compliance.
Assisting small credit unions is part of the people helping people philosophy.
If it weren't for an OSCUI economic development specialist, this credit union may have failed.
A $20M Texas credit union said the cooperative spirit should encourage all credit unions to fund OSCUI programs.
The leader of a $13M Texas credit union tells how the NCUA's OSCUI saved his shop.
A response to “Questioning Cost of Small Credit Union Initiatives” (CU Times, April 16, 2014).
Stuart Perlitsh, president/CEO of the $336 million Glendale Area Schools Federal Credit Union in California, wrote a Letter to the Editor criticizing NCUA spending on its Office of Small Credit Union Initiatives and questioning its return on investment.