November 20, 2019November 14, 2019 by Chip Filson

NCUA Chairman Ed Callahan on Common Bond

“I have been accused by some of destroying the common bond, and I will gladly accept blame for that: I don’t believe in the common bond. I believe in a common bond.”

Cooperative design is unique. It provides singular focus on the member value. It’s that member relationship that is the foundation of credit union sustainability. And enhancing member participation in credit unions is vital to maintaining a distinct cooperative choice for consumers.

This blog shares my passion and observations about cooperatives’ roles for consumers in the American economy. I highlight the responsibility of all participants in the credit union system to enhance the ever-expanding legacy of our common wealth paid forward for future generations.

Now, as just a member, these comments are fueled by the gratitude, compassion, and vigor of all the compatriots who have journeyed with me over the past four decades.