By William J. Mellin, President/CEO
No one said it would be easy. No one said being a part of this movement would be without turbulence.
More and more, it seems like the credit union movement is being tested. By internal factors and external; by competitors old and new.
The coronavirus — and all the financial chaos it’s brought with it — is the newest disruptor and the newest test. It’s a different type of test for an industry filled with uncertainties. But it’s important to keep it all in perspective. This is by no means the biggest or most damning threat we’ve faced.
What’s remarkable about the credit union movement is our ability to rally together in the face of adversity. It’s our secret weapon that sets us apart from other industries. Cooperation may be a buzzword at some organizations, but for credit unions, it’s a reality we live and breathe every day.
Just as we’ve done so many times before, I know we will get through this test by working together. We’ll use our collaborative forces to overcome this tumultuous time for the industry and business community.
We are your Association, and we’re here to work with you cooperatively. The Association is ready, willing and able to cooperate, collaborate and coordinate with you, our elected officials, policymakers and any other stakeholder necessary to ensure the credit union movement comes out of this period of disruption stronger than before.
It’s not an easy task, but no one said it would be.