I read Sarah Snell Cooke's editorial on the NCUA's proposed rule on home-based credit unions (“It's All About Location, Location, Location”, Jan. 8, 2014, Credit Union Times.) At first I thought you wrote it with a tongue-in-cheek approach. For instance, I loved your following comment:

“Other less dramatic safety issues are of real concern for members and examiners, such as rickety staircases or dog bites. Really, who wants to see a rabid examiner?”

On the other hand, rereading her editorial, I think I may have misconstrued her intent. I really do think she believes “location, location, location” is paramount.

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