From the April 9, 1990, issue of Credit UnionTimes.

WASHINGTON, D.C. – “If you can't beat 'em, join 'em ” might wellbe the subtitle of the final chapter of the just released study ofcredit unions by the American Bankers Association.

After spending more than 200 pages criticizing many aspects ofcredit unions' organization and operation, the study devotes itsfinal pages to strategies for bankers to compete with CUs. It's aringing endorsement of the personal service and convenience thatCUs claim is the reason for their popularity. The study alsoincludes praise for the NCUSIF.

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