Credit Unions As Super Heroes

July 14, 2006, 5:05 p.m. EDT 1 Min Read

TORONTO -- Credit unions as Super Heroes? That’s what NAFCU President Fred Becker posited before he ripped off his shirt and tie to reveal a Spiderman costume during his group’s 39th annual convention Thursday. Why Spiderman? That’s because he’s a regular guy, doing great things for average people, said Becker during his keynote address to the convention's 2,000 attendees. And like Spiderman, credit unions are able to rescue citizens from villainous banks, protect them from predatory lenders, and serve the needs of all Americans. Becker also departed from his usual approach and urged the gathered credit union executives to step out and take some risk on their communities and on needy members. “Our primary focus should always be our members, and helping others become members—not our CAMEL ratings,” said Becker. “But I believe that we can strike a balance—and like Peter Parker (Spiderman's alter ego)—be Super Heroes—even though we’re just regular people”.

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