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Mrs Judith Condron

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Review of the My Community Bank, Savings:

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Credit Unions v High St Banks, which is the most ethical?

I have invested in My Community Bank for several years because I truly believe that it represents its customers and communities to the highest possible standards. In my opinion, High St Banks only ever focus on making massive profits for shareholders and disregard the customers and communities which helped build their various brands over the years. This is clearly evident in the mass closure of bank branches and loss of jobs, and staff which were experienced in understanding the wants and needs of customers and local communities. Also, whilst I agree that technology is fantastic, and has enabled customers to choose how to conduct their financial affairs, the Banks are using this to further inflate their profits as they withdraw from the High St without thought about the impact this has on communities in towns, cities and villages throughout the country. Reviewed on: 21st July 2022

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