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:
“So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.”
—William Morris (1834–1896)
“Sisters define their rivalry in terms of competition for the gold cup of parental love. It is never perceived as a cup which runneth over, rather a finite vessel from which the more one sister drinks, the less is left for the others.”
—Elizabeth Fishel (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)