Journal Article
Credit unions, conversions, and capital
Abstract: While credit unions have been able to convert their charters more easily since the late 1990s, two conversions of very large credit unions--over $1 billion in assets each--in 2006 have put the issue on the front burner for the industry. ; This Economic Letter outlines some costs and benefits to their member-owners of credit unions' converting to stock thrifts and describes one way to reform the process in order to spread the benefits of conversion more broadly to credit union members.
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File(s): File format is text/html https://www.frbsf.org/research-and-insights/publications/economic-letter/2007/06/credit-union-conversions-capital/
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Bibliographic Information
Provider: Federal Reserve Bank of San Francisco
Part of Series: FRBSF Economic Letter
Publication Date: 2007
Order Number: 16