A community development credit union already in the media spotlight for having run afoul of Goldman Sachs was also the focus of a NBC story about Bank Transfer Day this past Saturday.
A story about consumers moving their money from large banks to credit unions on the network's evening newscast carried interior shots of the Lower East Side People's FCU Union in New York as well as a lengthy interview with a new small business member of the credit union who moved her business accounts to the CU from JP Morgan Chase Bank.
The business owner told the reporter that she liked how local the credit union was, pointing out that the staff knew her pet grooming business because they walked by it every day. Her shop is down the street from the credit union.
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