June 10, 2013


  • Credit unions by their nature are collaborators and are community based. A community by definition is created when people who live together collaborate to provide each other the services they need to enjoy life. A credit union that is not engaged in its community will not be successful. Credit unions are moving from sponsor based fields of membership to community fields of membership. That change increases the importance of community outreach. One very important service the credit union can provide to the community is financial literacy training for high school students and employees of local businesses. Another important community service is to provide internships and high school credit union branches that allow students to learn the skills needed to make a career in financial services. Community credit unions should also expand their lending to provide small business loans. The majority of Americans are employed by small business. Credit unions are a natural partner for small businesses. A credit union that provides services to small businesses will generate more loans, more deposits and more members.
    Henry Wirz
  • Will Tony Hsieh live in the downtown area in close proximity to the newly relocated Zappos?
  • Yes, According to a Business Insider article: Hsieh lives in the Ogden, a luxury apartment complex just a few blocks from City Hall and DCR. He leases 37 rooms in the building, which he rents out to Downtown Project and Zappos employees and the startups he’s investing in. Several rooms are used as "crash pads" for hosting guests and visitors. Hsieh has a huge apartment on the 23rd floor with stunning views of Las Vegas. It’s actually three apartments combined, with large-scale maps of Vegas, architect's sketches and Post-Its on the walls with ideas for investments. Read more: http://www.businessinsider.com/tony-hsieh-downtown-project-2012-12#ixzz2Vw2YnOXt
    Alix Patterson