Tuesday, September 15, 2015

Time To Fish Or CUT Bait...



Poobahti Grandees !

Well, word has it "on the street", that the CUNA System Structure and Governance Task Force Report is being confidentially circulated amongst the CUNA cognoscenti and Grand Poobahti as we speak!



Word's Out !
Doesn't take too much sniffing around the base of the CUNA/League fire hydrant to confirm that three major recommendations have been made by the Task Force and that "the ordure is about to hit the aerogenerator" when the CUNA Board meets later this week.

It will be interesting to see if CUNA will manage the Task Force report as poorly as it handled the national survey/focus group results earlier this year. After repeatedly pleading and cajoling everybody and his brother to participate in the survey, CUNA reneged on its promise to publish the results and suppressed the data. 

Why withhold the results from the participants and CUNA/League members? Four basic reasons:

1) Even with the begging, pleading and the hyped-up "national importance"; the response rate was only around 12% - perhaps indicating that no one really cares all that much about CUNA one way or the other?
Toast ?

2) The results were uniformly dismal for both CUNA and the Leagues - described euphemistically as a "lack of enthusiasm" for both!

3) If you throw out the "not sures, I don't knows",  the majority of credit unions in every size category voted for the right to choose membership in CUNA and/or the leagues - with 63% of the "yea/nays" among even the smallest CUs voting to support choice! 


Kick? Can Do !
4) The truth is frequently not fashionable along the Potomac and the survey results leave little room for the further kicking of America's Credit Unions' can down the road!

So, why wouldn't CUNA just be smart for this once and go ahead and release that little Task Force report to the rest of us?

Well?


Would that be too much to ask? If so... 
      





CUT IT UP! - CUT IT OFF! - CUT IT OUT!

[Time to CUT to the chase, girls and boys!]

2 comments:

Anonymous said...

To the points you raised:

1. If they wanted a greater response, the questions should have been proposed to the bankers across the country. That would be a report worth reading.

2. Enthusiasm? Perhaps if a trip or dinner would have been raffled off the response would have been greater.

3. The choice between CUNA and the leagues was not much of a choice. Sorta like, you can have Trump or Sanders. Either way you are getting screwed.

4. Truth? You can't handle the truth.

Dennis Moriarity said...

Sounds like it will be a reiteration of what everyone already knew anyway. However there is a possibility that something good might come from this and maybe it really has already happened. The Trades (CUNA and the Leagues) have found out that they have failed and their membership cares little for them. What to do – What to do.

True Leadership seizes opportunity like this analyzes the problem, determine the new direction and focus on it with no tolerance for naysayers. The ball is clearly in Mr. Nussle’s court. He has a great opportunity brought about by this crisis. An opportunity to redirect the organization he leads but to do it he must risk his own hide. He must have the strength to say you are with me or against me and I will tolerate no one who is against me. His leadership cannot be by committee but based on his intuition and the good counsel of recognized allies who share the same purpose without consideration of personal gain.

He leads a large, cumbersome organization grown fat and indifferent to the travails of its members. We must share the blame because we have not demanded more effective results by stopping the cash before this. We simply continued to dump our member’s money into the wishing well that is CUNA and the Leagues. The day was always going to come when the money would cease to flow a simple recognition that they were no longer worth it.

Despite the fact we are not members I am pulling for Mr. Nussle to show His leadership no matter the personal consequence. We would love to be able to see the importance of membership and pay dues. We are 6 thousand separate units who rely on and need point men at the State and Federal levels. Point men who constantly look for the potential problems facing credit unions and then act to coordinate efforts, among the 6 thousand, to eliminate or mitigate issues that could seriously impair our ability to help our members.

There is, of course, another choice. Pretend like you are going to do something, promise reform, appoint committee’s and privately raid what remains of the Treasury. I think NAFCU has given CUNA an opportunity as well as competition for the hearts and minds of credit unions. To borrow a lyric from the late, great Joe Cocker “It’s high time we went”.