The new credit union boom

Customers disillusioned with traditional banking in the wake of the credit crunch are turning to credit unions in search of a safer, more ethical place to save and borrow, it has emerged. Some big banks took too many risks, lending aggressively during the boom years. Their actions may yet provoke a UK recession and credit unions look set to benefit. 'Credit unions are a very good way of keeping banking in... [read full story]