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The Forum > Article Comments > Are credit unions and building societies a viable alternative? > Comments

Are credit unions and building societies a viable alternative? : Comments

By Peter Evers, published 8/3/2011

The big four banks need some competition, and credit unions and building societies are in shape to give it to them.

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Given Credit Unions and Building Societies do not hold a banking licence, the former are forced to use Registered Banks as a third party to many of their transactions...with the obvious implications ensuring the merry-go-round continues to go round-n-round.
Posted by Wakatak, Tuesday, 8 March 2011 12:15:20 PM
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