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.
Read more about this topic: South Carolina Federal Credit Union
Famous quotes containing the word competition:
“Mothers seem to be in subtle competition with teachers. There is always an underlying fear that teachers will do a better job than they have done with their child.... But mostly mothers feel that their areas of competence are very much similar to those of the teacher. In fact they feel they know their child better than anyone else and that the teacher doesn’t possess any special field of authority or expertise.”
—Sara Lawrence Lightfoot (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)
“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”
—Franklin D. Roosevelt (1882–1945)