Cooperative Strategy


By Rebecca Wessler | July 15, 2019

Five can't-miss data points this week on

By Marc Rapport | Dec. 3, 2018

Maintenance, integration issues, pricing, and even vendor disinterest can be cues that a new partner is in order.

By Rebecca Wessler | Dec. 25, 2017

Credit unions share their best practices with all year. Here, Callahan’s staff writers share their selections for a handful of lesser-known pieces that are worth revisiting.


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By Rebecca Wessler | Jan. 17, 2017

Five can't-miss data points featured this week on

By Erik Payne | Jan. 16, 2017

All hands on deck for phone duty is just one way Educators Credit Union ensured smooth sailing during a conversion.

By Rebecca Wessler | Nov. 12, 2014

Third quarter performance demonstrates how commitment to members is helping credit unions deliver better value.

By Jennifer Davis | July 5, 2013

Here are four different ways you can join the conversation about the need for an understanding of cooperative principles in regulatory leadership.

By Melissa Forsyth | March 21, 2013

By Aaron Pugh | Jan. 1, 2011

Aloha Pacific dives into the expansion waters and surfaces in the Lower 48.

By Aaron Pugh | Jan. 1, 2011

A look at institutions advancing the brand footprint across regional and geographic boundaries.

By Alix Patterson | July 27, 2010

Inclement weather and regulatory action are shaking up the country from coast to coast.  

By Lydia Cole | July 26, 2010

Given the similarities between MSBs and credit unions, will any consider converting to a credit union charter when the Office of Thrift Supervision ceases to exist?

By Chip Filson | April 1, 2010

When times get tough, Cassandras spring forth with dire predictions, but often they build upon weaknesses they have worked to ferret out. Here we look at – and counter – five charges by critics who believe the credit union charter has perhaps been struck a fatal blow by the recent economic troubles.

By Callahan & Associates | April 1, 2010

The collective performance of America's 7,710 credit unions in 2009 showed the public why they were granted a separate and distinct operating charter in 1934.

By Jerrie Jay | Jan. 25, 2010

We find that the greatest advantage of a North Carolina state charter over a federal one is that the state charters deal with an agency that is accessible, local, and smaller than the federal agency.

Partner Perspective
What’s in a Name? Plenty.

By Bancography | Dec. 14, 2009

A Rose by any other name would be a Sowthistle Weed. Can you imagine giving your loved one a dozen long-stemmed Sowthistle Weeds for Valentine’s Day? Unusual as it is, do you think a Sowthistle Weed would have become the symbol of romance?

By Callahan & Associates | Aug. 25, 2008

A former banker explains his personal conversion to credit unions and opportunities in the industry.

By Marsha King | Dec. 3, 2007

LCFCU works with various groups and resources to chart a course for the future.

By Shawn Birch | Nov. 5, 2007

Most merger stories are told from the point of view of the CEO, the point of view of strategy and overview. Not this one.

Partner Perspective
The Death of Collaboration

By Mortgage Cadence | April 9, 2007

By ignoring our most significant point of differentiation, we manage to do what our opponents in the banking community could not.

By Bucky Sebastian | Feb. 5, 2007

The Nationwide conversion confronts us -- can a price be placed on credit union membership?

By Callahan & Associates | Nov. 13, 2006

Online forums provide a window on members’ perceptions of credit union conversion proposals.

By Paris Ward | Oct. 9, 2006

Planning season can present an opportunity for management to re-examine their charter. Here are some guidelines to make a conversation on conversion fairer for members.

By Melanie El-Sabaawi | July 24, 2006

Philosophical arguments against conversion should be complemented with—or even secondary to—cold hard dollar estimates of the value of membership.

By Melanie El-Sabaawi | June 26, 2006

The proposed sale of Nationwide FCU to a bank will force members to choose between their mutual interests and that of their employer.

By Joe James | May 1, 2006

DFCU Financial has been in the media spotlight because of its bid to convert to a mutual savings bank. Find out how the credit union performed in the first three months of 2006.

By John M. Floyd | Feb. 20, 2006

Moral arguments aside, Pentagon CEO Frank Pollack states that a strong business case can be made against conversions. The math is simple: the credit union charter is best for members.

By CU*Answers | Feb. 13, 2006

In the second in a series of articles, CU*Answers CEO Randy Karnes addresses the conversion debate from the perspective of a vendor. Should vendors weigh in on the debate? Does their vote influence anything?

By Randy Karnes | Dec. 19, 2005

CU*Answers’ CEO Randy Karnes on the announcement of the conversion of DFCU, the largest credit union in Michigan.

By Chip Filson | June 13, 2005

Two large prospective conversions are testing credit union philosophy. Chip Filson asks, are members’ needs put first in conversions to stock-issuing entities?

By Melissa Murphy | May 23, 2005

A recent three-part investigative report by The Philadelphia Inquirer revealed that the IGA Federal Credit Union merger was in motion before the official conversion.

By Melissa Murphy | Dec. 13, 2004

The $1.1 billion Lake Michigan Credit Union (LMCU) in Grand Rapids, MI, will remain a credit union after less than two-thirds of voting members cast ballots in favor of a conversion to a mutual savings institution.

By Chip Filson | May 1, 1999

Questioning the suitability of the credit union charter as sufficient for serving member needs became a very public topic as the AT&T Family FCU banker's lawsuit wound its way to the Supreme Court. Conversions to state charters from federal -- or in a few cases to mutual savings banks -- reflected judgments about the adequacy of the legal framework in which the credit union movement would operate in the future. Once HR 1151 passed, some observers felt the major concerns over charter flexibility, especially at the federal level, were over. Instead the issue of whether the credit union charter, state or federal, is sufficiently adaptable to the changes occurring in the market are accelerating, not diminishing. More and more credit union managers are looking for ways to enhance their "organizational mobility" in response to the new business challenges from Internet-based services. But often the solutions contemplated are outside the legal confines of the credit union's charter.

By Callahan & Associates | June 1, 1998

There is a lot of shifting going on in the financial services field. Citicorp's merger with Travelers and banking legislation moving through the Congress are only two manifestations of an industry in turbulence. In these times, it is all too easy to get caught up in the details and not appreciate some of the larger developments. One that is especially telling is what is happening to charters.