Comparing credit unions to “David in the Goliath battle,” PSCU Financial Services President/CEO Michael Kelly is urging consumers to “take a stand.”
“As banks respond to regulations imposed upon them, many plan to recoup lost income by squeezing the consumer,” Kelly said. “Credit unions allow consumers to keep more of their own money, especially in these tough economic times. Consumers have the choice – pay the fees or move your business.”
Kelly, whose Florida-based CUSO is a major provider of card processing and other services to credit unions, suggested consumers visit www.asmarterchoice.org or www.culookup.com to learn how to join one in their community.
“Consumers shouldn't be bullied into accepting charges for using their own money,” Kelly said. “Credit unions are the way for consumers to take a stand. They are the natural answer.”
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.