THE 'tude

While NCUA’s $350 million annual budget was the primary board item, that is not the most important financial issue. For there is unfinished business stretching back over a decade. 

The most important question any credit union can ask itself has nothing to do with the products or services it offers or its ALM/pricing or even its increasingly important menu or technology options.

As much as it may pain you, me and anyone else within credit unions to admit it, a former banking trade group exec has a good point when it comes to CU acquisitions of banks—members deserve to know how much of their capital is being spent on these deals.