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Canada's Citizen Owned Financial Intermediaries – where are we headed?

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Consolidation

What is Full and Fair?

2017-03-21 Ross Leave a comment Consolidation, Federal Credit Union, Ownership and Accountability

FICOM is seeking input on the application from Coast Capital Savings to go federal.  One question posed by FICOM is, “Have members been provided with full and fair disclosure upon which to make their decision?”  Members of Coast Capital were asked to vote on a special resolution in November. “Full and fair” is not a […]

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Coast Capital Bank

2017-03-142017-05-01 RossG Leave a comment Consolidation, Federal Credit Union, Ownership and Accountability

Coast Capital wants to be a bank. What are the implications?

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Credit Union Prospects

2017-02-152017-03-15 RossG 1 Comment Consolidation, Ownership and Accountability, Public Policy

I just was recently elected to the board of my credit union, and not for the first time!  I have been a member-owner, director, manager, and regulator at various times over the last 40 years. Four years ago I assumed the role of General Manager (I retired last July) and I had a chance to […]

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This blog is an attempt to provoke and engage credit union directors, and members. I have been a credit union supporter for several years and I am keen to challenge some of the conventional thinking that rationalizes further consolidation. I think we have been lulled into a stupor and we fail to appreciate just what important community 'treasures' we have. SUBSCRIBE: options are at the end of every post!

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