What's Being Said About SEGs Vs. Community Charters
The SEG-based credit union is not dead; what we see is a changing mix of approaches.
We had to do a much better job of explaining both what a credit union is, and who Wescom is and what we provide.
We are not attempting to serve the whole community, because that creates challenges-not that it can't be done.
In San Diego, there are five large federal credit unions that co-exist. There is plenty of business for everybody."