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There is clearly quite a bit of ardent courting going on these days as mega banks and investment houses from around the globe are in hot pursuit of deposits. These colossal international conglomerates appear to have set their sights on American consumers at large and they are actively wooing many credit union members with offers that seem too good to be true. Consumers appear to be willing to go to the altar with virtual strangers in their hopes of finding the modern day “24Karat Relationship.” Today, the average Joe and Jane are being pursued for their hard earned retirement funds and core deposits that had previously been all but snubbed by the current crowd of overly amorous financial institutions. Truly there is a growing infatuation as the “Megas” are frantically in search of deposits.

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