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QUOTES WORTH QUOTING

"I believe credit union people are truly practicing people helping people to help themselves. I believe that's the only way to make people independent and make sure their growth is sustainable. Credit unions aren't charity, they're empowering institutions." - Arthur Arnold, president/CEO, World Council of Credit Unions who will resign...

By Staff Writer | Updated on October 05, 2004

“I believe credit union people are truly practicing people helping people to help themselves. I believe that’s the only way to make people independent and make sure their growth is sustainable. Credit unions aren’t charity, they’re empowering institutions.” – Arthur Arnold, president/CEO, World Council of Credit Unions who will resign Jan. 1. 2005. He was commenting on what he’s learned from working with credit unions. “It’s a big issue for any company, medical costs. There’s been significant double digit increases for the last year over year. – Acting CUNA Mutual CEO Jeff Holley on why the company is proposing major changes for the health care benefits of its union employees. “This presentation would be obnoxious if required on one communication. It is clearly unreasonable and oppressive on every communication that mentions the share insurance conversion.” -

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