Sundie Seefried , the CEO of Partner Colorado Credit Union, is sick of it and made it plain that she for one is not going to take the blame for hurting small credit unions.
Seefried's sin? Her Denver-based $220 million credit union–a result of merging Eagle Legacy with Denver Water Credit Union–has firmly decided not to capitalize any corporate credit union and to take its correspondent services business elsewhere.
What followed that decision surprised Seefried. Letters and emails rolled it, so did phone calls, often from highly respected credit union leaders in the Rocky Mountains, and the message was sharp. She and Partner were sticking a knife in the back of small credit unions by abandoning this system.
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