Monday, March 19, 2007

... On unsolicited mergers

Read "Mica briefs CU leaders on Wings, Continental proposal" [CUNA News Now, 3/20/07]

2 comments:

Anonymous said...

I feel it is important as leaders of the credit union movement that we make sure we protect our image. Unsolicited mergers and conversions to mutual savings bank are making us look like the banking side of the world more and more. Where is the coopertive philosophy or are excutives giving up on what they have been preaching for years. We have to look for ways that make us relavent to potential members, but the above two options are the easy way out.

Dan Mica said...

Many thanks for the comment. The passion in the credit union movement is an integral part of our success; I appreciate your sharing that here.