Property News · January 21, 2017

Can credit unions finally provide a truly ethical current account?


The Engage account is for those who want their money to be used to do good. Plus, we look at the alternativesBillions of pounds of taxpayer cash pumped in, PPI mis-selling, investing in fossil fuels or dodgy regimes, money laundering, Libor rigging, tax avoidance, excessive executive pay… the list of scandals involving banks goes on and on. So it’s no wonder that many people would like a more ethical home for their current account cash. But one problem is that there aren’t many options available.However, things are changing. A current account has just been launched, available through selected credit unions, which offers most of the things you would expect from a 21st-century bank account, from a fully functioning mobile app to a contactless debit card. Continue reading…

Source : theguardian.com
Read more…Can credit unions finally provide a truly ethical current account?

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