What's Being Said About SEGs Vs. Community Charters

Register now

I think people underestimate just how difficult it is to get people in the door when you go to a community charter.

-Bob Hoel

With a defined (FOM), you have more defined risks. With a community charter, you've got a broad FOM and more broad risk.

-Kevin Foster-Keddie

To a certain degree, all credit unions are moving toward a community charter, whether they realize it or not.

-Bob Hoefer

It would be foolhardy to say that SEGs are no longer the best way for credit unions to grow.

-Marcus Schaefer

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER