Editor's note: this letter to the editor was written in response to a previous letter written by Thomas Pinnow, CEO of $24 million County City CU, Jefferson, Wis. (If Small CUs Die Off, What Happens to the Movement, Feb. 19).

I have managed the Ohio Operating Engineers FCU in Cleveland, Ohio, and we are only $5 million in assets. Keep in mind that size is relevant — to us, $24 million is large!

As the old saying goes, "Call me anything you want, just don't call me late for dinner." This credit union is 53 years old and serves heavy equipment operators in Ohio and neighboring states. I have been the CEO for the past 25 years.

Wasn't it last year when NCUA said they would allocate its resources to cover the highest level of risk to safeguard the insurance fund? But, here we are, $5 million in assets, with a blank Document of Resolution (DOR) for the past two years, and my examiner spends an entire week in our office, even though we send financials to him every month.

It seems to me that teeny-tiny, itsy-bitsy, microscopic credit unions should have "contacts" instead of exams, with quarterly Call Reports keeping NCUA abreast of the financial status. What the heck; we can also fax a copy of the monthly board minutes so they have something to wipe off that ketchup on their chins.

I came here 25 years ago when the CU had $225,000 in assets, and today we have $5 million, and my days are filled with taking care of our members. All that other stuff just falls to the wayside.

So, to Tom Pinnow and all the other small credit unions — take care of yourself, take care of your families, take care of your members, and you will have all the assets anyone can ever hope to have!

Kenneth W. Strnad, CEO, Ohio Operating Engineers FCU, Cleveland