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 […]
A couple of days ago there was a good piece in Canadian Business. The facts are laid out that Big Bank growth and profits track quite closely with our real estate and debt bubbles. Writer Kevin Carmichael provocatively critiques the Big Banks for their addiction to residential mortgages and their complicity in the two blights […]
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 […]
