ARTICLES BY Bucky Sebastian

By Bucky Sebastian | Aug. 31, 2009

If the life blood of credit unions is affinity, we had better take a hard look at what affinities are becoming, how they are evolving, and what they are likely to be in the future.

Amend H.R. 1151

By Bucky Sebastian | July 20, 2009

Language on reserving in H.R. 1151 could strangle credit unions in this economy; it needs to be changed.

By Bucky Sebastian | Dec. 1, 2008

GTE FCU was founded in 1935 as the credit union for the Peninsular Telephone Company. Headquartered in Tampa, GTE FCU is now the fourth largest credit union in Florida and with more than $2.1 billion in assets one of the largest 60 credit unions in the country. Unfortunately, Tampa was one of the first areas hit with the “credit crisis,” trouble in housing arriving in 2007.

By Bucky Sebastian | Nov. 3, 2008

This year, the credit union community should vote Democratic. For two good reasons. One is that Barack Obama has a better vision of where to take the country. The second is that the credit union movement is more in synch with the Democrats’ approach to government.

By Bucky Sebastian | Sept. 29, 2008

NAFCU would be best merged into CUNA. Such a move would save money, duplication of efforts, and divisiveness. Moreover, it would allow the industry to present a single message to legislators.

By Bucky Sebastian | May 21, 2007

The lifetime value of credit union membership is tremendous. Communicating this long-term value is critical and yet a difficult challenge.

By Bucky Sebastian | March 12, 2007

Credit unions may grow and their operations may encompass parts of states, whole states or whole regions, but they can do much better than the for-profit sector in assuming the mantle of community leadership.

By Bucky Sebastian | Feb. 5, 2007

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

By Bucky Sebastian | Jan. 1, 2007

Credit card abuses have become increasingly outrageous. Credit unions need to re-emphasize their commitment to fair, reliable credit meant to help people’s financial lives, not pick their pockets for stockholder profit.

By Bucky Sebastian | Dec. 11, 2006

To achieve economies of scale, credit unions don’t need to consolidate themselves—the better strategy is to consolidate what they do.