I think you're both on the wrong board. People who think of themselves as “little people”, and call free enterprise and group financial cohesiveness “a taxpayer ripoff” are usually found on the more liberal boards where those ideas are now running our country....into the ground! The ideas that the two of you are espousing are socialist garbage and make me sick!
Relax or you will be sick, dog.
OK, perhaps little people was pushing the envelope, but the fact is that credit unions were formed to provide services in poor areas of the country - areas where the banking industry wasn’t doing a good job.
A story - when I was working for a CU, I knew of a business that had a lot of low paid workers (around 500) that didn’t have access to a CU. I was informed that that group wasn’t what the CU was looking for - way to many lower paid workers, probably a lot of turnover, etc.
So, CU’s are lloking out for themselves - not even attempting to serve people in poor areas - they deserve to be taxed just like any other business, dog.