Mr. Brian McCrory:

That is possibly true in the case of some credit unions. However, one must bear in mind that there are attendant benefits in situfor credit union members that have not been expanded upon. For example, in the ILCU and some other credit unions, members' debts die with them. Savings are doubled on death, and in the ILCU, in the event of accidental death, savings are trebled. The credit union provides a death benefit grant in many instances. These are not benefits that one will find in any other lending institution but they are part of our operating costs. Those costs are not borne by the members