Minnesota Credit Union does the right thing

[SomeGuyInEagan]

Following a horrible tragedy in 2012 when a father killed his three young daughters, staff at the credit union realized that they serviced the family's home mortgage.

From the story:

"The credit union could have simply let the bottom line guide its decisionmaking — the foreclosure judgment was about $181,000. Instead, its leaders asked a question that speaks volumes about Affinity’s institutional values: What’s best for the family?

Credit union staff reached out to Jessica. She preferred that the home to be torn down and that salvageable parts, such as trusses, be donated to Habitat for Humanity.

“We talked internally and spoke to the board of the credit union. Everyone agreed it was the right thing to do,’’ said Dave Larson, Affinity’s interim president and CEO."

http://www.startribune.com/opinion/editorials/223543071.html

[Octafish]

1. Heartbreaking story.

May the mother find the love and strength she needs.

MCU and Credit Unions are truly great institutions.

[sufrommich]

2. I've been a credit union member for almost 40 years.

I don't know why anyone would choose a bank over a credit union.I realize some don't have a choice,but when the choice is there,choose your local credit union.

[Jackpine Radical]

3. Absolutely. I've been a member of credit unions just about everywhere I've lived

in the past 50 years. Currently a member of two in my local community.

Now the Big Guys are out to destroy the CU's with a big lobbying effort to institute unfair taxation of nonprofit organizations.

[sufrommich]

5. I swear if they manage to destroy CUs,my money

will go under my mattress before it goes to a bank.

[gopiscrap]

4. Good for them