2004 Quote Unquote
It makes me angry that that people in charge would betray the very institution they represent. If you don't like it, why don't you go to a mutual savings bank.
-Member of Lake Michigan CU to board of CU after it tried to convert to a bank.
You're not as intelligent as you think you are, you are not as invincible as you think you are, and you are not as invisible as you think you are.
-Michael Flahety, talking about IT security.
I knew our board was aging when I realized all our high school yearbook photos were in black and white.
-anonymous CU board member
Many banks want credit unions returned to their "original purpose." There were no limits on community charters or business lending in the original 1934 FCU Act. I would suggest you take them up on it.
Credit unions should be pushing credit cards like there is no tomorrow. Credit unions are getting out of the credit card business and I don't know why.
Credit unions are not charities. What we should be doing is energizing people to help themselves.
The credit union industry is controlled by well-paid insiders of a few trade groups, which themselves are controlled by a relatively small minority of very large, dues-paying credit unions.
-Former NCUA Chairman Norman D'Amours in remarks before a bankers group.
The problem with tax reform is that it is very hard not to have any losers.
Keeping promises does not make one a leader. Leaders have an internal craving to be at the helm. They have a driving need to learn more. -Marcus Buckingham
The fact we are still not being taxed is a positive, but it also can create this false sense of security, and I think it has for many of us.
If you can't say it or write it down on paper, you can't get people to follow it.