BANKruptcy. There’s a reason they don’t call it CREDIT UNIONruptcy
Columnist: Hundreds of complaints about banks, none on credit unions
FORT WORTH, Texas (9/3/09)–Dave Lieber, “Watchdog” columnist for the Fort Worth Star-Telegram, told Texas credit unions that he receives hundreds of requests for help with bank problems and none for credit unions.
He recently gave a presentation titled “Why Americans Hate their Banks but Don’t Know Enough to Love their Credit Unions,” at the Fort Worth Chapter of Credit Unions‘ monthly meeting.
Photo by Mike Lewis
Lieber’s column helps readers who have issues or problems with current situations affecting their communities (LoneStar Leaguer Aug. 28).
He said that while he has had hundreds of requests from readers to address or correct complaints facing the banking industry, he had not received any asking for help in dealing with a credit union.
With many “horror” stories relating to banking customers’ complaints, Lieber had his audience laughing when he said he now understood why it was called “BANKruptcy” and not “CREDITUNIONruptcy.”
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Source: http://www.cuna.org/newsnow/archive/list.php?date=090209#42560

Dave Lieber's Watchdog Nation
Published in Bad Business, September 4th, 2009 by Dave Lieber
Tags: credit unions, employee credit unions, federal credit unions




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