As we celebrate this holiday season, Chip Filson reminds us that doing good is very hard, but ultimately worth it. Sustained vision is difficult to maintain, but it’s not impossible and we have an obligation to our founding principles to fight for that vision.
Is the race to merge folly? Chip Filson believes that by discarding member focus and legacy for the sake of growth we undermine the public’s faith in cooperative design. And that might spell disaster for credit unions in the long run.
Michigan Legacy Credit Union CEO Carma Peters strives to break down the double standards between credit unions deemed too small to survive and those too big to fail along with discrediting the idea that any credit union under $250 million is doomed to merge or disappear.