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Ideas for the Future Role of Corporate Credit Unions

Since launching c. myblog on Tuesday, we’ve received numerous emails and phone calls from credit unions expressing a wide range of ideas about the future role of corporate credit unions.  We thought we would summarize a few of them and ask those of you viewing c. myblog to vote on them – anonymously.  Of course, we encourage you to add your thoughts as well.

The ideas are listed below and will show up as comments to this post.  Please vote on each one using the star system shown below each comment by clicking on the number of stars you wish to assign each idea.  A vote of one star means you completely disagree with the idea.  A vote of five stars means you completely agree with the idea.

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Imagine a scenario where the corporate credit union system ceased to exist. What would be the impact to natural person credit unions of different asset sizes that use corporate credit unions for services such as:

  • Payment systems (ACH, draft processing, settlement, etc.)
  • Liquidity and liquidity management?
  • Investment services, such as term certificates and broker/dealer services?
  • Coin and currency services?
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Fast forward to 2013. The recession that came to a head in 2008 has passed and the corporate credit union system was stabilized and has been viable for the last few years. The industry is now experiencing a similar crisis and needs to be stabilized once again. Who should be responsible for the cost of the stabilization?