THE 'tude

No true credit unionist ever forgets when they were a wee lass or lad and went away to Camp Credit Union, where they would gather under the stars at night next to a glowing cooperative campfire before there would be a hush, and a wizened camp counselor in an Ed Filene replica fedora would share the CU genesis story of the New Hampshire mill workers and the formation of the first credit union.

Diversity gets a lot of attention in credit unions, and it should (although let’s not confuse attention with action. Stop for a moment and look around at any major credit union meeting and Rainbow Coalition it’s not.)

As the credit union industry experiences record-setting growth and continues to absorb more of the leading company market share, competition is as fierce as ever – both in terms of securing new clients and recruiting talented employees.

I’m often wrong, but why do I have a feeling will someday be publishing this headline: “NCUA Board Votes to Push Back Risk-Based Capital Compliance Deadline to Jan. 1, 2119; Trade Groups Say More Time Needed.”