Aug. 8, 2011


  • I never thought I'd see the delinquency rate on first mortgages be twice that of credit cards. Credit unions were and are capped from market growth at every turn by regulation, yet they still act with compassion. The big banks rob the government kitty, foreclose on homes as their first response, and cut off small business lending while lobbying to keep credit unions out of it. Banks are not too big to fail, they're too big to stand up to. Thank you credit unions showing compassion, fiduciary sense, and moderation. It's a model the US Government should examine more closely, and not by auditors, but by leaders.
    Kristin Witzenburg