by Medius » Mon Aug 05, 2013 10:14 am
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.
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