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Expert Opinion

Let Credit Unions Help More Underserved Communities

Credit unions remain shackled by outdated laws that detract from their mission.

By B. Dan Berger | Updated on October 11, 2018
CUs face more regulation than they deserve.

I believe in credit unions; I believe in their mission and consumer-oriented mandate; and I believe in their ability to meet the needs of low- and moderate-income consumers across the country.

The credit union industry is not about taking advantage of consumers, padding shareholders’ pockets or pushing our economy to the brink – those exploits are reserved for the banking industry. We joined the credit union industry to serve people, to serve communities, and to serve the millions of Americans in need of affordable loans and safe and sound financial products.

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