Wow, I would like to tell you that the comments I read in the April 14, 2014 edition of CU Times regarding "Questioning  Cost of Small Credit Union Initiatives," were not an echoing of the frustration currently felt throughout our industry.  But the truth is, I hear those same type of defensive tactics on a regular basis. 

Unfortunately, the focus of the article seems extremely narrow minded.  Truly, credit union leaders face an unprecedented amount of frustration and anxiety during the current economic times.  I could fully understand that this credit union leader might feel justified in questioning the NCUA decision to create an initiative that would revitalize the small credit union system, if its business needs had not been met or were questioned. 

Perhaps Mr. Perlitsh should have input additional information into his article that could have shed some light on why he exactly feels that dues-paying, card-carrying small credit unions don't deserve the support of the NCUA small credit union initiative.  This may have assisted readers in filling in the blanks of his hypotheses.  However, since he has not, we are all left to speculate on his reasoning for vilifying a team of truly dedicated individuals. 

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