You have likely seen or read lately that Canada’s big banks are raising fees because their ‘profits have been squeezed’. Yet in the last quarter of 2014, Canada’s five biggest banks earned a total of $7.4 billion of net income, up slightly from $7.3 billion a year ago. Yes, that’s billion!
Here are just two articles about the big banks wrongheaded move:
We think the big banks are wrong. Because we’re a credit union, we don’t have to answer to far away shareholders –because YOU are our shareholders.
Legacy Savings is proud to be holding our fees stable. At Legacy Savings, you come first – always.
Say good-bye to the big guys and hello to your local, member-owned credit union.
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