Customer Reviews

The Credit Union World

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I was excited when I first encountered this book; "Finally," I thought to myself, "a good modern credit unionist primer." Unfortunately, I found that it was lacking in both complexity and depth, and presented modern credit unions as entities to be managed in the same manner as any business. I would have appreciated an in-depth analysis of the fundamental organizational differences created by a co-op structure, and a look at the ways in which it can be leveraged for decisive advantage over for-profit institutions (network marketing, human capital leverage, etc.). If you're into credit unions, I'd still recommend reading this, if only to understand the mindset of the conservative wing of the contemporary "movement" (as well as due to the fact that it is a stop-gap in the unfortunate dearth of modern Credit Union literature). For a real in-depth look that gives a far better feel for the development, structural intricacies, and problems facing credit unionism, I'd supplement this with a gander at The Strategic Development of Credit Unions by Ferguson and McKillop...

A good book on credit unions. Book includes sections on credit union financial management, CUSO's, HRM, ALM, financial rating and analyses, credit union training and development, management practices, the credit union movement, products and services of credit unions, and overall financial structure, with credit union historical perspective. Good book since limited literature on this subject.