I have just read Mike Welch’s column, “GAC Again Setting for [Mostly] Highlights” in the March 3rd issue of Credit Union Times. Thank you for your comments regarding the “debate” between Ken Fergeson and Jim Blaine. I was anxious to read Welch’s column, trusting that he would share his overall opinion of the GAC and more specifically of the debate. I feel it is too easy to criticize and play Monday morning quarterback concerning individual issues or opinions expressed at a conference the magnitude of the GAC. But my reaction to Blaine’s comments was so strong that I even sent CUNA President/CEO Dan Mica a letter with my thoughts on the debate after I returned from the GAC – and I rarely send letters of this nature. I expressed to Mr. Mica that I was “embarrassed for Mr. Blaine and the entire credit union industry,” and that I found “his arrogance and crass comments were counterproductive to what I expect we were trying to achieve.” After I sent my letter I started thinking (sometimes I do too much of that) that I may be alone with my comments, but I see that I was not. Thank you for reinforcing my feelings on this issue. In fairness I should state that Mr. Mica responded immediately to my letter, and I am satisfied with his response and comfortable that this will not happen again. John Benoit President/CEO NorthCountry FCU S Burlington, Vt.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.