Research has shown that without the proper understanding individuals often let financial institutions make choices for them. –Dr. Anthony Emerson
I think [2008] is going to be a tough year to get people to borrow money. –Tim Sciborski
It is more competitive on the deposit side than it has ever been, and I don’t think that’s going to change. –Dave Colby
A culture that silently condones mediocrity, for example, can manifest itself in poor service quality. –Neil Goldman
If a credit union focuses on one thing, it must be significantly better than other financial institutions to be noticed. But then, the credit union won’t be as good at other things. –Rudy Hanley
The expense game is crucial, and right now, expenses are eating up the credit union tax advantage.–Jeff Post
We encourage our members to call us if they have financial problems. The sky is not falling, so we don’t want to act as if it is. –Mark Joseph
Members have confidence that the credit union has performed due-diligence over their data, but that confidence shouldn’t be transferred to the retailer or restaurant. –Steve Punch
Who can imagine joining a credit union that doesn’t offer a comprehensive Internet banking service? Soon it will be the same with mobile banking. –Christine Pearsall
Wings Financial is not here to defend themselves so I want to make it real clear I’m going to trash them for all they’re worth. –Tom Glatt
I love working with you all because of the collegial environment you have. Hostile takeovers do not belong in this environment. –Rodney Hood
Financial services consolidation is being driven mainly by technology, which provides economies of scale and scope for large providers. –Jim Likens
Bankers don’t hug each other, unless it’s to reach around and grab the other guy’s wallet. –Michael Hales
If anything, when you go community, you step up your SEG marketing. –Paul Lucas
We spend tons of money on ATM networks that give you everything plus a cappuccino and people are using them, but when they use them it’s an opportunity to sell. –Chris Braccia
We have a growth challenge in the credit union industry. We’ve been growing for a long time but it’s pooped out. –Bob Hoel
There is absolutely no reason for credit unions to convert other than insider greed and profit. –Bucky Sebastian
The issue is members want the bylaws to mean something and that there is someone who will enforce them. –JoAnn Johnson
A lot of companies are making a lot of money from credit unions. You and I need to push back and find out how do they support credit unions. –Stan Hollen
Years of fearing taxation and wrath toward banks has neither created a brand that resonates with consumers nor resonates with lawmakers. –Pete Duffy
Congress expects credit unions to bring in low-income people. But credit unions were never intended to be exclusively poor people’s banks. –John McKechnie
