Goldilocks and the Three Fields of Membership
Are fields of membership outdated? Or are they what keep credit unions focused on their communities and away from chasing members wherever they can be found? CUSO Magazine’s Esteban Camargo suggests it’s not FOMs holding us back, but how we serve.
Re-Imagining Federal Credit Unions’ Fields of Membership
Chip Filson shares some history on how Ed Callahan helped shape the credit union industry by opening up new possibilities in credit union field of membership, seeking to repurpose it as a building block, not a regulatory hurdle.
Does Common Bond Matter Anymore?
Today, fields of membership with limited scopes have been replaced with the more generalized community charter. Chip Filson looks at the evolution of the common bond and what we can learn from it.
