Sharing the truth behind contradictory banker attacks with lawmakers

Bankers’ own data contradicts their attacks on credit unions, and America’s Credit Unions made sure lawmakers saw the revealing truth in an email sent Wednesday to Capitol Hill.  

New data from the Conference of State Bank Supervisors shows that credit unions barely register as a competitor to community banks, as community banks overwhelmingly cite large banks and other community banks as their primary competitors.  

With community bank trade groups pushing false claims and misinformation about credit unions to members of Congress, America’s Credit Unions President/CEO Jim Nussle broke down this new data for lawmakers.  The truth is that credit unions are not the problem, they’re part of the solution.  

It’s not just a message for lawmakers. CU Broadcast, CU Today, and CU Daily also highlighted the survey results and credit union efforts.

Bankers’ own survey proves their industry’s effort to stop credit unions from providing more services and helping more people have access to financial options isn’t about facts, it’s about greed.

Read America’ Credit Unions statement on the data and learn more