tag:blogger.com,1999:blog-319775530671726401.post8826373256789236717..comments2023-10-01T09:18:26.162-04:00Comments on Keith Leggett’s Credit Union Watch: More on Virginia CU Bank Merger BillKeith Leggetthttp://www.blogger.com/profile/14794334790117033547noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-319775530671726401.post-66622633185115353922010-01-26T16:46:41.708-05:002010-01-26T16:46:41.708-05:00I completely agree...because in a free market ther...I completely agree...because in a free market there is absolutely no way for super large, hundred-billion dollar banks to skew the facts, leaving members with an incorrect impression of what is "actually" going to happen, ending with the hundred-billion dollar bank making even more money at the expense of the member. That never happens! Or would members be better served with credit unions remaining under their NOT-FOR-PROFIT cooperative charter structure, where their member elected, voluntary Board of Directors and credit union managers actually make decisions based on what is best for the membership at large? This bill sounds like more ABA and Leggett capitalist propaganda, just another way for them to eliminate competition in the market place.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-10831833455011115762010-01-22T10:42:26.311-05:002010-01-22T10:42:26.311-05:00If a credit union and bank want to merge, who care...If a credit union and bank want to merge, who cares? In a free market, there is no reason that banks and credit unions should be prevented from merging. Members of the credit union would still have to vote in favor of a merger, so they are responsible for protecting themselves.Jeffry Pilcherhttp://thefinancialbrand.comnoreply@blogger.com