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> Can two credit unions serve the same membership pool?
Yes and no. If I extrapolate what I have read here and in HUMANE::DIGITAL
recently, it appears a large number of DECcies are joining Workers Credit
Union, which used to be Digital's credit union. This in spite of the fact that
far fewer DECcies have easy access to WCU facilities than to DCU. Of course,
WCU serves many companies, and always has.
Starting a credit union that can offer even a small fraction of the services
DCU offers is probably too complicated to be done by a few disgruntled former
DCU members in their spare time.
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| > Can two credit unions serve the same membership pool?
>> Yes and no. If I extrapolate what I have read here and in HUMANE::DIGITAL
>>recently, it appears a large number of DECcies are joining Workers Credit
>>Union, which used to be Digital's credit union. This in spite of the fact that
>>far fewer DECcies have easy access to WCU facilities than to DCU. Of course,
>>WCU serves many companies, and always has.
The field of membership for the DCU is Digital Employees, their
families, and DCU employees (or something close to this). Worker's
Credit Union has some other field of membership. What I was attempting
to ask was whether or not two credit unions could define the same
field, for example:
A group of disgruntled DCU employees start a new CU
called 'The People's Credit Union' and define the field
of membership to be "Digital Employees, their families,
and PCU employees (or something close to this)."
>> Starting a credit union that can offer even a small fraction of the services
>>DCU offers is probably too complicated to be done by a few disgruntled former
>>DCU members in their spare time.
It appears that there could be as many as 20,000 "disgruntled
former DCU members" with a great deal of free time, if you believe
the analysts/rumors. There ought to be some financial expertise in
that pool somewhere.
Steve
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