Can't Ignore Challenges; Here's How We're Responding
Credit Union Journal, The, February, 2006 by Dan Mica
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Typically, when I speak to a group of credit union folks, I start out by pointing to the great position in which credit unions find themselves. Admittedly, there is some cheerleading going on here.
However, and more importantly, it is true-credit unions are doing very well, and it is also true that there are challenges-significant ones - facing the movement. But those challenges should always be considered in perspective of the success credit unions have had.
In the 10 Governmental Affairs Conferences that I have attended as CUNA president and CEO, never before has this juxtaposition of "success" and "challenge" been so striking.
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On the "success" side, we have a credit union movement that holds more assets, with more members, and is stronger financially than ever before. With nearly 88-million members, and $702-billion in assets, credit unions have reached new heights in size and reach among the American public. ...
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Most Popular Articles in Business
- Research and Markets : Tesco Plc - SWOT Framework Analysis
- Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors
- eBay made easy: ready to start an eBay business? These 5 simple steps will ...
- Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...
- Wal-Mart's newest distribution center opened last month near the southwest ...
- More »