General Views

“Fed Reserve Chairman Bernanke made a comment before the Senate the other day and said “Credit Unions are tax-advantaged”.  While this statement is true, it didn’t sit well with me either.Read More

The Washington Convention Center saw a great mood change this year. Spirits seemed higher and the somewhat sober 2009 version became only a memory for those attending.

Maybe the difference was a more hopeful economy as well as the fact that those going up to visit legislators actually had something to talk about and were armed with a member business lending bill. It could have been the distance from the corporate credit union failures or perhaps a determination to pretend that things were somehow better? Whatever the reason the mood was detectably different.Read More

The general narrative of credit unions, particularly during this recession, is complex and profound, which is why it takes many individuals to craft and tell the credit union story. At times, the disconnection of these leaders hampers collaboration and collective action; however, this year provides the opportunity for a confluence of disparate elements to drive real and tangible change in the credit union industry.

First, there is a renewed government commitment to move the financial sector toward the practices and traditions that have guided credit unions through this recession.Read More