Credit Unions
From Brian Leubitz at Calitics:
Not-for-profit credit unions are owned by their members. These banks aren't under pressure by Wall Street investors to maximize quarterly returns. Instead, profits go back to the members in the form of higher interest on savings and lower interest on loans, mortgages, and credit card balances.
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Not-for-profit credit unions are owned by their members. These banks aren't under pressure by Wall Street investors to maximize quarterly returns. Instead, profits go back to the members in the form of higher interest on savings and lower interest on loans, mortgages, and credit card balances.
( Read more... )