“I think in this environment with economics being the way they are, people are trying to cure things at the macro level. The money given to big organizations is not trickling down to consumers. Consumers are not receiving the benefit of what the Federal Reserve is trying to do.”–Mary Kladde, president/founder of Titan Lenders Corp., a provider of mortgage back-office fulfillment services.

“I don’t understand why we have suffered the last couple years under these accounting rules when there is so much agreement about the havoc these unreasonable rules have played in our current economic crisis. I wonder why our trade associations haven’t taken an aggressive stance against these rules? Why haven’t trade associations joined with bankers, insurance companies and a long list of associations in their opposition to M2M? I suppose the answer is that our trade associations have enough difficulty just trying to talk with each other let alone coordinate forces with outsiders on an issue even as important as M2M.”–Chuck Bruen, president/CEO of $709 million First Entertainment Credit Union, Hollywood, Calif.

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Peter Westerman


Credit Union Times

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