News And Resources
Credit Union-to-Bank Conversion News
- "On Site Coverage:
US Conversion Policy Puzzles World CU Leaders", Credit Union Times, 7/16/08.
- "New
Report Finds 33% of CUs Surveyed Plan Change To Bank Charters", Credit Union Times,
1/30/08.
- "Lafayette
Lost First Conversion Ballot; Recount Was Never In Play", Credit Union Times, 10/17/07.
- "Another Former Credit Union Headed to Capital Markets; Irony Galore Considering CEO’s Recent Testimony", Credit Union Times, 10/03/07.
- "Speculators Charged With Stalking CU Conversion Candidates", Credit Union Journal, 10/1/07.
- More News...
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Resources
- Comprehensive report on conversion by UC Berkeley Professor: Credit Union Conversions to Banks: Facts, Incentives, Issues and Reforms, by James A. Wilcox, Filene Institute, 2006. (1 mb .pdf file)
- Hilarious website comparing credit unions to banks: www.bankerspank.com (Actually funny!)
- Recent study showing credit unions that have converted offer worse rates: "Credit Union to Mutual Conversion: Do Rates Diverge?", by Jeff Heinrich and Russ Kashian, University of Wisconsin Economics Department, 2006.
- Website and community blog of Lafayette Federal Credit Union member-owners, in opposition to the credit union's conversion proposal. In part due to this member opposition, the credit union withdrew the proposal in January 2007.
- DFCU Owners United, an organization of DFCU Federal Credit Union member-owners who successfully opposed their credit union's conversion proposal in 2005-6.
- More Resources...