The article recommends credit unions should change current business models and practices. Just changing to a community charter on its own will not solve the problem according to experts quoted in the article. "Some credit unions convert to a community charters only to discover that new members don't necessarily line up at the door," said one leading credit union researcher.
CUNA's leading economist believes it is critical for an institution to grow. He said, "if you're not growing, you're not going anywhere." The article offered various suggestions for addressing this "critical" issue. According to several involved with the conversion of the credit union business model to a mutual savings bank, the article is just one more example of third party evidence validating their conversion. (CU Financial)