Commentary

Reflecting upon the life of Steve Jobs, Ive thought about what the credit union industry can learn from the many great things said and accomplished by the man who helped build Apple.

Credit unions confront a very challenging operating environment today. They face strong member demand for many cutting-edge financial products and intense competition from other financial institutions.

Reaction from around the industry has been highly mixed. In general, a great diversity of thinking exists across the industry as to whats important and relevant. Thats good. In formulating your own opinions, there are several pieces to consider.

Reaction from around the industry has been highly mixed. In general, a great diversity of thinking exists across the industry as to whats important and relevant. Thats good. In formulating your own opinions, there are several pieces to consider.

Some credit unions that have loans to sell through loan participations are helping the yield of other credit unions so long as the transaction is properly structured and as many protections are in place as possible.

Some credit unions that have loans to sell through loan participations are helping the yield of other credit unions so long as the transaction is properly structured and as many protections are in place as possible.