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In response to
"I'm not sure that's the point, where your money ends up. The point is that credit unions are non-profit, customer-owned, and charge fewer fees. -- nm"
by
mara
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All of which are valid points. If you are switching to a credit union to "take a stand" against banks, his point is valid.
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Although you are denying a bank the consumer portion of your business (and its associated profit), the asset management side of the banking industry will still make money from you.
I may have completely misunderstood the point of the original post though.
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Responses:
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