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Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 7:10 am
by Thatcher
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 7:41 am
by The Dharma Bum
f**k their business model, it should die.
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 8:41 am
by Winchester
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 8:42 am
by The Dharma Bum
Of course
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 8:52 am
by Indy
Wow. Just wow.
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 8:57 am
by exploited
Banks talking about competition, lol.
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 9:06 am
by Indy
I think what's starting to blow my mind is the hubris. Literally out of control at this point.
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 10:14 am
by Medius
Credit unions are heavily restricted on lending and being small, have the disadvantage of not offering their clients convenient ATM locations.
This means that they can't over leverage themselves like the big banks, so they don't really need to be heavily regulated. It also means that big banks should be easily able to compete on the convenience side of things, but can't, because they treat their depositors like crap.
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 10:16 am
by The Dharma Bum
Re: Banks Going After Credit Unions
Posted:
Mon Aug 05, 2013 12:09 pm
by The Comrade
i just....i can't even attempt to wrap my head around this.
gigantic asshole banks who crush their opposition mercilessly are complaining about an unfair advantage when they already control the majority of the country's money.
jesus christ.