THE 'tude

About 18 months ago I wrote about an “ugly truth” in credit unions that became the most-read column I’ve published in CUToday.info. Later this week we’ll get to see what NCUA plans to do about the ugliness.

Sandia Laboratory Federal Credit Union’s (Sandia) membership at the Federal Home Loan Bank of Dallas (FHLBank) has enabled the credit union to offer the 30-year fixed-rate mortgage to its members through the FHLBank’s MPF Program.

“Limited menu, cash only!” It is a phrase now familiar to millions of Americans that, prior to last year’s detrimental hurricane season, may have harbored illusions about the inequity of disaster.