June 13, 2005


Comments

 
 
 
  • Interesting. Thanks.
    Anonymous
     
     
     
  • Great article, Chip. Another option, to protect member's capital when a CU converts to a MSB would require the MSB to issue stock (or some form of certificate) to members represent their share of the total CU Retained Earnings & Reserves. These certificates would be transferrable and entitled to similar dividends paid on common or preferred stock. Ken Facer SVP Finance/Risk Management Arrowhead Credit Union ($915 million)
    Anonymous
     
     
     
  • smells like communism - where is the private ownership of capital which made this country great
    Anonymous