Competition
In December 2007, South Carolina Federal was the second largest credit union (by asset size) in the state of South Carolina; however, it was among numerous credit unions allowed by the NCUA to serve people in its field of membership. South Carolina Federal counts among its competitors other credit unions, such as Heritage Trust Federal Credit Union, and banks, such as First Federal Bank, that maintain a presence in the same local areas and offer a relatively comparable suite of products.
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Famous quotes containing the word competition:
“Such joint ownership creates a place where mothers can “father” and fathers can “mother.” It does not encourage mothers and fathers to compete with one another for “first- place parent.” Such competition is not especially good for marriage and furthermore drives kids nuts.”
—Kyle D. Pruett (20th century)
“All adults who care about a baby will naturally be in competition for that baby.... Each adult wishes that he or she could do each job a bit more skillfully for the infant or small child than the other.”
—T. Berry Brazelton (20th century)
“The praise of ancient authors proceeds not from the reverence of the dead, but from the competition and mutual envy of the living.”
—Thomas Hobbes (1588–1679)