2021-07-13 USA Credit union space

Having credit union in USA is a challenging endeavor. Because they appear to be more "friendly" to community many members of the community take advantage of credit unions. For example as the processes are not build in depth and they even try walk extra mile to be friendly their performance is hit. And they way to go around is more branches, lower salaries on people that work there, higher interest on deposit accounts and bettee financing underwritten by third parties (f.e. car shops). One would say this is a recipe for disaster.

On growing market this can work, it can even work on a market, wherr you extend payment period on defaulting loans due to Covid. But what will happen if all of this finishes? Once the talent of credit unions is gone?