THE 'tude

Financial security may typically be viewed as a personal achievement, but for those in uniform, their financial capability is shaped by national priorities and institutional support. Credit unions are proud to serve this community because, at the end of the day, financial freedom is only possible because our service members ensure our physical freedom every day.  

If Congress is serious about expanding financial access, it should modernize credit union field-of-membership (FOM) rules. An outdated federal framework still limits who many credit unions can serve, even when those institutions are ready to step into communities that traditional banks have left behind.

Credit union mergers are rarely simple. Too often, however, they are made more complicated than they need to be. That distinction matters. Volunteer boards play an essential role in safeguarding member interests, and the seriousness with which they approach merger decisions is both appropriate and commendable.