Sunday, April 20, 2025

The "New/New" American Credit Union Model?

                 [ **  4/16/2025 Commenter: "Growth goals are a god thing. " **]

                   😎  Announcing the "new/new": 😎

 https://mythbank.com/wp-content/uploads/2022/07/mammon-banner-1.jpg  

  🎉🎉🎉 Mammon Employees Credit Union  🎉🎉🎉

                    "Where growth goals are a god thing. "

                    Mammon Employees Credit Union

                  ⏺  At  MECU: Its now all about "ME"! 
                  ⏺  Growth our vision, Mammon our mission!
                  ⏺  We're "industry standard"**
                  ⏺  "Send Us Your Mammon"!

                             ** ... and currently tax-exempt.

 Become a member today...

      Anyone can join,  just "show "ME" the money"!

  We can set you up in a hurry - trust "ME" !
 


 

4 comments:

  1. No one can serve two masters ...

    ReplyDelete
  2. I’m confused. Why is growth bad? The CU needs to bring in funds to pay back to the membership, correct? More income, more distributions.

    ReplyDelete
    Replies
    1. 9:32 am Yes! appears you are.

      Could you explain this a little better: "The CU needs to bring in funds to pay back to the membership, correct?"

      It seems that over the last few years , the only two things that have "grown" are the cost of operations and chargeoffs.

      It's no longer difficult for members to find better interest rates. So your thinking is that members will "bring in funds" so you can "payback" less, correct?

      Is this in the strategic plan?

      Delete
    2. 9:32am And btw, just who is "The CU"??
      When did it develop this "need" to grow? Sounds grandiose!

      Ever heard of Narcissus?

      Delete