I just read Mike Welch's Sept. 14 column and you know it proves even more that sometimes you just have to call a spade a spade, especially on the charter conversion issue.
I am always amused by how these high-profile credit union "leaders" and consultants try to wow us with their intellectual reasoning for switching to a bank charter. And just as Welch said.it's all about making a buck, plain and simple.
If these guys are so intent on joining the ranks of our friends in the banking industry, they should go find a job at one or start their own and leave their members and credit unions out of it. Kudos to Welch for telling it like it is.
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Sometimes you just have to get things off your chest don't you!
W. Blake Strickland
President & CEO
Tennessee Valley Federal Credit Union
Chattanooga, Tenn.
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