2003 Quote Unquote
The credit union movement is not going to roll over and play dead; not in Utah and not anywhere else in the country.
[Field of membership] is the one that is the 800-pound gorilla. It will be the spark point."
We need to clean up the mess that was created in HR 1151.
If the long-term goal of the NCUA is to speed the decline of the number of credit unions in the U.S., this proposal should be quite effective.
-Muriel Blake, on NCUA's TIPs proposal
The legislation has represented a fair and reasonable attempt to rein in what a member of our credit union board called "using a bankruptcy as a financial planning tool."
As [credit unions] get a foothold, they are like the kudzu of our industry. They take hold of a product line and they decimate it.
Watch the Sunday papers and when Bank of America comes out with something that looks cool, copy it.
-Mark Faircloth, senior consultant at Omega Performance Corp.
The biggest problem to the banker's approach is that it's not what's good for them but what's bad for us.