"Credit unions have survived difficult economic periods and stressful conditions and they have evolved. That will happen this time. I have every reason to expect credit unions to continue to serve a significant sector of the population for many years to come."
–William Donovan, a partner at the Venable law firm, when asked to respond to some who believe that credit unions may be on their last legs.
"People have maxed out their credit cards. Lines are being cut back. Congress and state legislators want to cut off this resource. I continue to make the argument that this can be a good alternative for people who need it."
Recommended For You
–Rob Givens, president/CEO of Mazuma Credit Union, which owns XtraCash LLC, a payday lending alternative CUSO.
"He deserves a lot of credit for stabilizing the financial markets. Confidence in recovery would be damaged if he was not reappointed."
–Joseph Carson, an economist with AllianceBertstein, in response to a Wall Street Journal survey on Fed policies and Chairman Bernanke.
"I thought maybe I'd just put a generic 'TARP Recipient' sign at the center of each table."
–A Heritage Club volunteer at the Bethpage Black golf tournament when asked about hospitality tables that lacked a sign identifying their sponsors-Goldman Sachs, Bank of America, Merrill Lynch and Morgan Stanley.
© 2025 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.