X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Recently, various media outlets reported for all to see the latest spat between the credit unions’ two major trade associations, amid one of the most critical legislative junctures in this economic crisis. This particular instance was regarding the proposed Senate cram-down legislation with the addition of key corporate stabilization provisions and deposit insurance extension.While it is understandable that there are areas of disagreement on the impact of specific provisions in the bill-why is this played out in public? Why didn’t the two groups talk to each other before one went running to the press with their complaints? How about each group making the effort to understand each other and come to an agreement on behalf of the credit unions they represent? What benefit does this type of public squabbling offer to the credit union movement, our legislators and to our membership-who are counting on us now more than ever to help them through this crisis?Our associations must work together and collaborate on a solution that benefits our credit unions, and more importantly, our 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?

Peter Westerman

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.