This brings me to a fundamental question – Do members join a credit union to save or borrow? I note that the credit union league in Fiji has added the word “Savings” to its name. It will be interesting to see how many of your members retire on a credit side of the ledger rather than a debit.
In many instances, companies began operating “in silos” and even senior staff often lacked sufficient knowledge of the different businesses  1  2  See Report of the US Financial Crisis Inquiry Commission, January 2011. BIS central bankers’ speeches  in which they were involved.