Credit Union Management

I just finished your editors column in the Oct. 12 issue ["BofA, Tech CU Are Not the Enemy"], and I must say you hit the nail on the head.

For Starbucks Chairman/ CEO Howard Schultz, waiting for Washington to come up with tangible plans to generate more jobs is not a likely course of action these days.

The NCUA will likely have much to consider as it reads through more than 280 comment letters that came in on the agencys proposal to amend the CUSO rule.

Credit unions by and large have been seen as the good guys in the ongoing housing finance crisis. In general, more conservative underwriting prevented most credit unions from making the mortgage loans that were most likely to wind up delinquent.

As mayors in at least two cities shut down areas that were being used to protest, Occupy organizers have said the moves will not deter their efforts.

The week prior to the official Bank Transfer Day, credit unions were busy encouraging consumers to take action.