Linda Malec
Linda Malec
approved board communication concerned convert current executive extremely lack management members mutual recent savings
I am extremely concerned about the recent application, approved by current directors, to convert to a mutual savings bank. And I'm even more concerned about the lack of communication from board members and executive management to members.
appears applying bank board clearly convert credit mutual process responsibility rests savings shoulders union
The whole process of applying to convert from a not-for-profit credit union to a for-profit mutual savings bank appears to have been flawed. The responsibility rests clearly on the shoulders of the board of directors.
aware bottom complex grave line
That's a grave over-simplification of a very complex issue. The bottom line should be what's in it for the members. Personally, I'm not aware of any benefits.