It depends on how you define success. If it's bigger assets (and more losses from overstepping risk limitations) then we succeeded.

When we started adding bankers to our midst, you have to ask… "Did the bankers become CU people or did they turn their CU into a Bank?" Regrettably, it appears the latter happened. It's not about charter, it's not about size… it's all about serving our members. Once we focus on that, this discussion topic is pointless.

gregg stockdaleGregg Stockdale

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:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 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.