Since the era of deregulation, the credit union system has navigated multiple national and local crises.
THE 'tude
I heard them, and you heard them, too, but let’s all just admit it--we really don’t remember exactly when we heard it, and that’s if the words registered at all in the first place.
As information surrounding the coronavirus (COVID-19) continues to evolve, it is important that credit unions remain agile as more information becomes available about the virus and its potential implications. Organizations worldwide are preparing for the unknown and doing their very best to maintain readiness on all fronts.
So, do you suppose this is going to become an annual thing?
As a credit union, we pride ourselves on making a “credit union difference.”
Like so many others during the Great Depression, with banks failing all around them and credit hard to get, a group of working folks and farmers in rural Minnesota had gotten word of this new kind of “bank” that had taken root on the East Coast a couple of decades earlier and which had begun to spread its tentacles westward.
NCUA’s sale of 4,500 credit union members’ loans secured by taxi medallions to a private equity firm is a betrayal of everything the credit union cooperative system represents.
Ever since St. Mary’s opened its doors in 1908, credit unions have brought collaborative financial services to underserved consumers and the communities they call home.
Perhaps the biggest reason some refuse to place any faith in global warming, or even the more politically accepted “climate change,” is the very same reason even those who do believe aren’t as worried as maybe they should be: the “change” is so slow.
Fifty years ago, smart businesses prepared for potential threats like fires, tornadoes, burglaries and the recent earthquakes that have sent Puerto Rico into a state of emergency.