The Modern Credit Union Circa 2025: A "New/New" Breed?

   Hornless Unicorns?

The Hornless Unicorn**:  a sub-species of unicorn which does not possess any distinctive qualities nor characteristics. 

 

The hornless variety often lacks the strength of spirit, stamina, and vitality of its thoroughbred ancestors. Narcissistic, must be groomed regularly, tends to overeat. Hard to distinguish in a herd, frequently mistaken for the common horse. 

 

Selective breeding experiments have largely failed. The results of these mergings have tended to produce progeny most closely resembling a mule - i.e., half horse and half ass. 

Rapidly declining in numbers, extinction has been predicted.  

** Source: The Modern Zoology Reference Textbook (Random House, fifth edition, 2021),

   No purpose? ... sounds sorta pointless!

The Credit Union Cooperative Model: For What It's Worth...

   

  No longer a movement, no longer an ideal?

"We sold out the magic of financial cooperatives - [link Chip Filson blog] - not for the sake of being understood for our contribution and confidence in people acting together.  Rather the goal became putting a number on who we are... " 

The "new/new" leadership...  "strive to be evaluated and on par with ideals that are not the drivers of our member-owners’ success."

"These market driven criteria have a hard time with the ideals of community ownership ... where acting and living the purpose is far different from cashing in. "

"This is not a good look for cooperatives. Their “worth” was never meant as one ready to be traded, abandoned ..." 

😎 Every credit union member should stop and take a "look at what's going down"...

Irrelevant? Worth less? ... Worthless?