Search
 

CCUCO Using Columbia Fight in Fundraising Effort

The Coalition for Credit Union Charter Options, the banker led group which advocates for credit unions seeking to convert their charters to mutual banks, is using the ongoing governance fight at the $726 million Columbia Community Credit Union in an attempt to draw members and to raise funds.

By Staff Writer | Updated on October 03, 2006

WASHINGTON — The Coalition for Credit Union Charter Options, the banker led group which advocates for credit unions seeking to convert their charters to mutual banks, is using the ongoing governance fight at the $726 million Columbia Community Credit Union in an attempt to draw members and to raise funds.

“You likely have a few dissident members in your midst already,” CCUCO executive director Lee Bettis wrote in a Sept. 12 membership and fundraising letter. “They could be obvious ones like embittered ex-employees, people turned down for loans, or jilted director candidates. But they could also be professional activists hoping to use resources of the credit union to re-engineer society in their socialist visions.”

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?

 

Recommended Stories

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.