That's a grave over-simplification of a very complex issue. The bottom line should be what's in it for the members. Personally, I'm not aware of any benefits.

The bottom line is this is an issue that should be between the employer and the employee.

The bottom line is, he's off the street and they found him. This could have gone on unsolved.

The whole process of applying to convert from a not-for-profit credit union to a for-profit mutual savings bank appears to have been flawed. The responsibility rests clearly on the shoulders of the board of directors.

Our members may not be able to do a balance sheet, but they understand the fundamentals. They are proud of our credit union and they want the best benefits and services to continue that they've enjoyed for 56 years.

I am extremely concerned about the recent application, approved by current directors, to convert to a mutual savings bank. And I'm even more concerned about the lack of communication from board members and executive management to members.