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Credit Unions: The Champions of Main Street

NAFCU's CEO explains why consumers need credit unions as an alternative to big banks.

By B. Dan Berger | Updated on September 16, 2016

This month marks the eighth anniversary of the collapse of Lehman Bros. and the ensuing breakdown of numerous other financial institutions that created our nation’s massive financial crisis – an impact that continues to reverberate through our nation and the world.

As lawmakers return to Washington from the August recess and the presidential election campaign evolves, it is critical that we leverage every chance to promote awareness of one of the bright spots from the financial crisis: Credit unions. Thanks to their unique, prudent business model of service to their members, credit unions were, and continue to be, instrumental in helping our nation recover, particularly in the area of Main Street small businesses.

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