It's a different way of walking... [link]
✅ Anonymous January 20, 2026 at 11:33 AM
Exactly the mentality that harms the industry. Many credit union leaders don’t accept reality, can’t adapt, and think they are part of a movement (or even want to be, for that matter). They come up for air just long enough to claim everyone else is becoming a bank.
😎 ... a difference in purpose, a difference in principles. a difference in conscience ... a difference in understanding.
Namaste
ReplyDeleteThe Walk For Peace has been impactful to so many people. There are many lessons to be learned for individuals and organizations, like credit unions, just by watching and listening to the monks. Showing peace and kindness can make a difference to yourself, others, and society.
ReplyDeleteAs a credit union member I don’t care if you walk with monks or run with the bulls. I want my data protected and relevant products at reasonable prices. Stop singing kumbayah and serve your members.
Delete@1:07. I AM a member, not staff. I want to be treated as an individual not a statistic.
DeleteI feel sorry for you. Maybe one day you can find some peace and happiness without denigrating others.
1:07pm Mr. "I want' and "I don't care". Take a walk.
Delete1:55... good for you. I want to be treated as an individual too. Is that mutually exclusive to wanting my data protected and to have relevant products at reasonable prices?
Delete1:55... no empathy needed. plenty of peace and happiness here. Just don't look for that at my credit union, but more power to you.
Delete2:53.. That Mrs., thank you. You can tell me to take a walk, but don't be sexist about it.
Delete5:08 Yes m'am. Do take a walk.
DeleteCredit unions can embrace and act on those differences without being part of a movement. The movement concept is dead and talk of it discredits an industry fighting for relevance. Whatever this movement limbo jumbo is - aside from being aligned on saving tax status, there was never a full alignment of philosophy or homogeneity, which is a core definition of a movement. Small CU’s in particular like to play victim and hope some movement will save them. It won’t. Taking care of their members instead of worrying about what some other CU is doing might.
ReplyDeleteI think we all would like you to clarify why small credit unions play the victim. And if there is no movement than why do we have credit union associations? So if you are member of a club like a book club - you all have to have the same exact thinking? Or can you come together because you enjoy reading books? Does that violate the first rule of book club?
Delete4:07.. Fair question. There has been a lot written recently in the CU trade journals about small. vs. big credit unions - some of its referenced on this blog, some of it isn't. the common theme is that small CU's view the larger CU's as banks because they do thinks like commercial lending, sponsor sports teams, and god forbid, give them a call to see if they would like a merger life-line. Interestingly some small CU leaders also seem to lament the other small CU's that choose to merge, even if they are healthy.
DeleteIMO, a lot of victim mentality from small CU's. Big CU's are not the cause of whatever they think is wrong with the industry or their own CU.
I'd respond to your questions... If we were a unified movement, why do we need or have multiple national trade associations. If we were a unified movement, why do we need 9+ regional trade associations, all with different agendas, and with different agendas than the national CU's? How come many CU's belong, but don't engage or don't belong at all to local or national trade associations? Lots of folks choose not be in the book club BECAUSE they can't agree on which books to read together, not that they interpret or think about the same book differently. Seems to me with this very fractured advocacy and engagement model, in which aren't aligned around what the cause is and many don't even participate invalidates the notion of a movements. True "movements" don't share those characteristics.
4:07 pm Lengthy, but seems to lack depth. Might benefit from a few less "blah, blahs".
DeleteAssume since we have "the very fractured advocacy" model of Presbyterians, Methodist, Catholics, Mormons, Episcopalians and Baptist that "invalidates" all those folks belief in Christianity?
After all: "True "movements" don't share those characteristics." Really?
Some might say that approaches silly...
Bad example. If Christianity was a movement, it’s not any more. It’s an institutionalized religion, analogous to an industry. Your missing the point that if there was a common unified view then why did all the the other Christian religions pop up? A movement is more than common belief, it’s an advocacy that others should think and act like you do. Think civil rights.. there aren’t degrees and nuances of legeal segregation, voting rights, etc. I don’t see the Catholic Church spending their time trying to make sure everything other religion thinks like they do. Your example proves my point If the CU thing was ever a movement, it no longer is and hasn’t been for decades. If Christianity was a movement, it no longer is.
Delete12:18 Well, you added substantial length , but no depth to your wisdom... but no question your logic is gossamer..
DeleteIf I follow the core argument of your thinking correctly it is : "Your example proves my point If the CU thing was ever a movement, it no longer is and hasn’t been for decades.". When I try to interpret that phrase, the only insight I get is: "If ever, no longer, hasn't been for decades" .... meaning "blah,blah, blah".
You perhaps write off the importance and persistence of religions of all faiths a bit too lightly.
You probably don't believe in gravity either...
No. Just saying that you calling Christianity one movement with all those religions is stupid. It’s not a movement because of the inception and persistence of all the Christian religions. Catch up.
DeleteIf I believe in gravity does that make me part of a gravity movement?
DeleteProbably a Flat-Earther too :)
Delete@1:55 Walk into any branch and they will treat you like family! You are not a statistic.
ReplyDelete7:58; Because they are bored and have nothing to do. Please close branches and invest in digital! Hayes had the right vision on this.
Delete@8:37 Yeah it's really working out well for Civic
Delete8:37 Big Gym did see the light and took a walk. Bulls**t in a china shop
DeleteWho is Hayes?
Delete@9:25 The worst CEO in the history of credit unions.
Delete8:52.. it is working out for Civic. They chased all the high maintenance and costly members back to us, and our branches are bending times to get them in. Someone in your neighborhood ever worked for the state? Congrats! You’re eligible.
DeleteWho is Hayes? Good question to ask standing in front of a mirror with the cell phone camera ready for a selfie.
Delete@9:25AM He’s a former CEO who challenged the CU to think differently and got the ball rolling on lots of necessary channge. The old/old HATES both of those things to their core , hence the temper tantrums on this blog
Delete@1:53 Hahaha! What reality are you living in? After being exposed for the charlatan he was by this blog (go back and read the FACTS) he ran away with his tail tucked between his legs. Total narcissist who thought he was always the smartest guy in the room and he was NEVER the smartest guy in the room.
DeleteSECU Board showed they were ridiculously inept with that hire. Rest is history.
DeleteBrady came in second in the vote to select Hayes, then became the default when he fled.
Runner up to Gym OMG! What a resume builder.
8:14 Be fair. She's the best ceo since jim hays
DeleteBTW, I'm the one in the past who asked "if the SECU business model is so great, how come no one has tried to copy it, when they easily could"?
DeleteWell, good news! I FINALLY found a CU trying to copy you - CIVIC. They brought their PCA ratio down 200 bps in one year to 7.07% at Dec 25 year-end. Their Board is doing the right thing by giving capital back to their members!! Comes in the form of credit loss subsidies just like your one rate for all. They will be deeply into your Board's below well cap target range by the end of 1Q. Now they have the toxic mortgage portfolio, just like you too. I finally found a CU that sees the wisdom in how you operated the place and felt compelled to go on the record correcting myself. When you're wrong, you're wrong. You were right, I was wrong, and you should be proud!!! Maybe Chip will write about it.
Secu opens during inclement weather- others don’t. There is a difference!!!!
ReplyDeleteThe snow movement. Cool! What a competitive advantage. Love how other CU’s don’t out their employees safety at risk. Hard to believe they don’t copy us.
DeleteOddly one thing the new/new won't change...
ReplyDelete