ROCHESTER, Minn. — At least some members of the $1.2 billion Think Federal Credit Union are skeptical of their CU's plan to convert to a mutual bank and have been sharing their skepticism on the Internet.
Jeff Kiger, business editor for the Post Bulletin, a local paper based in Rochester, has a Weblog where he shares business news and where readers comment on the items. On Sept. 28, Kiger wrote about the letter from Think about the conversion, on Oct. 2, he detailed former executive Paul Kundert's comments about it and on Oct. 4, included the reactions of some members.
All told, roughly 20 people, most of whom identified themselves as Think members, commented on the postings and most of the reactions ran from skeptical to negative.
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