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• As a health care based credit union that is struggling just to survive, I would like to pose one question. What would happen if the Mayo Organization was sold to another organization that already had a strong established cu that was endorsed by the new board of directors? I've watched my FOM shrink and lost my lease in a hospital that we had maintained a branch in since 1984, because the hospital was sold to an out of state company that had a cu. We were branching before branching was cool. I've also watched my membership go from over 11,000 to about 7300. I've also seen two of our hospitals close. While our assets have remained stable and our capital is strong I feel that being a SEG FCU is scary because you cannot predict what that sp onsor company is going to do. V.Smith President/Ceo Key FCU Houston Texas

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• It has amazed me to watch how this credit union has been adding new features as reported at each of the 3 last annual meetings of the Mayo Employuee's Credit Union. I give credit to the drive & determination of the CEO, Mary Hansen. Keep it up!

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• "This was an interesting article, but I would like to make a couple observations. The first is that it is not uncommon for any small business to be able to achieve a much greater per centage of growth than a larger business -- this happens every day in every industry. The larger the company, the smaller the annual growth tends to be (in terms of %). Will Mayo Employees be able to maintain this high growth ratio when they are $500M in assets? $1B in assets? Will they even be able to grow to that size (short of the effects of inflation on the value of the dollar) without expanding their FOM? At some point, they will saturate their FOM and will stagnate without considering more FOM expansion. Secondly, this article is based on the premise that Mayo Employees has not changed their FOM during this 10 year period and experienced this growth with the same FOM throughout the 10 year period. But the article clearly states that this is NOT the case. The FOM was expanded in 2003 to include physicians for the first time. Granted, this occurred late in the growth period and probably had little effect on the overall growth over the 10 year period. But to be accurate and consistent, you cannot present this as a Credit Union that has experienced significant growth without any changes in its FOM when there clearly was a change in its FOM. And I have no doubt that as they continue to grow, the pressures to sustain positive growth will drive further changes in its FOM. These same pressures are driving many Credit Unions to consider state or community charters rather than remaining with a Federal Charter (rightly or wrongly). Gary E. Somerville Director of Decision Support Systems DM Federal Credit Union Tucson, AZ"

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