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Article: Can Do More, Should Do More: Why Outreach Is The Right Thing To Do.(Column)
- Article from:
- Credit Union Journal
- Article date:
- February 26, 2007
- Author:
CopyrightCOPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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"Credit unions can't just be a Salvation Army with a lending program. They have to be good businesses as well as having a social mission."
-Dennis Dollar, speaking at CUES' School of Public Policy
You can't listen to a presentation by Dennis Dollar, former NCUA chair and now principal in Dollar Associates, Birmingham, Ala., without jotting down at least one quote to save for future reference. But I have to say this is one of my favorites. It puts the controversy surrounding service to the underserved into exact focus: yes, credit unions should be doing it; no, it shouldn't be their sole purpose.
The real issue then becomes how much service to ...