Article in the New York Times about why public outrage against the banks makes this a good time for the credit unions to start promoting their unique ownership structure.
I loved this paragraph: Another obstacle to getting more consumers to switch institutions is the fact that credit unions themselves are not-for-profit cooperatives. Without the ceaseless demands of big banks to grow quickly and drive up the stock price, some credit union executives are content with a conservative, almost gentlemanly approach.
I loved this paragraph:
ReplyDeleteAnother obstacle to getting more consumers to switch institutions is the fact that credit unions themselves are not-for-profit cooperatives. Without the ceaseless demands of big banks to grow quickly and drive up the stock price, some credit union executives are content with a conservative, almost gentlemanly approach.