Transfer Day Assumed Credit Unions Are Virtuous

Announcement American Banker/Bank Think

Preeti Vissa, community reinvestment director of the Greenlining Institute, explains in a recent blog: “It’s always a good thing for consumers to hold financial institutions and other businesses accountable, but moving one’s money alone doesn’t lead to a just and equitable society. It may be comforting to view the world in black and white (e.g. big banks = bad, credit unions = good), but reality usually comes in shades of gray. In this case, large credit unions need to be held accountable every bit as much as banks.”