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Cathie Mahon
Bloomberg Businessweek
|July 16, 2018
The CEO who’s leveling the playing field between credit unions and big banks.
For millions of working Americans, the 6,000-plus credit unions across the nation can serve as a paycheck-to-paycheck life preserver. Credit union tellers can refer customers with low balances to in-house financial literacy counselors, and their loan desks frequently offer the best rates, and lowest fees, in the country. A third of these institutions—almost 2,200—cater to low-income customers as standalone businesses or small chains.
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