With many large banks in the United States mired in bankruptcy or bailout, credit unions are finally getting the attention they deserve. Consumer advocate Ralph Nader recently penned a great article about how 91 percent of the 8,000 credit unions in the United States are reporting greater overall growth in mortgage lending than any other kinds of consumer loans they are extending. Credit Unions were also recently featured on CNN’s "America’s Money" show.
Big banks vs. Credit Unions
March 27, 2009