Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Few issues generate stronger emotions or wider ranges of opinions than credit union conversions. Skepticism about the motivations and misunderstandings about the processes for conversions are pervasive. Understanding is increasing, however, that conversions raise many salient issues: How should and do credit unions differ from banks? Who does and should benefit from conversions? What does it really mean for members to own their credit unions?

As conversions continue, what will also become increasingly understood is that the current conversion process fails members and that reforms can readily improve understanding, improve decisions about whether to convert, and improve fairness to credit union members.

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?


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
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.