Archive for November, 2007|Monthly archive page

The Crack Addict’s Credit Union

I’m reading the latest OSCU article about a holiday loan being offered by Detroit Municipal Credit Union and the conversation lent this nugget in regard to members financial responsibility (or lack there of):

“People are going to do it no matter what. Would you rather they go to a check cashing co or a CU?”

What a great position to take! You know there are always going to be people who are not financially responsible, so why not make the credit union a clearing house for them to gather. While they are there maybe you can help them pick up other bad habits.

In fact, I like pairing this with Tim’s arguement for a more narrow field of membership for more relevant credit unions, so here we go.

  • The Gambler’s Credit Union. Why would we keep letting these people go to bookies?
  • The Crack Addict’s Credit Union: Digging through your grandmother’s purse is no way to live.

And I wish I could come up with one more for the trifecta, but I’ll let you guys take care of it in the comments.

(PS. Thanks to the CU Communicator for missing me during my month long absence. If you blog, you know sometimes life gets busy. I hope to do better this month.)