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Putting people over profits in the financial services industry

Oct 1, 2021

Have you ever heard the phrase “people over profits?” This phrase embodies the mission of credit unions, like KEMBA Financial Credit Union, and defines a fundamental distinction in business philosophy between banks and credit unions. Most banks answer to stockholders and their focus on profits, whereas credit unions answer to their members, who are also their owners as represented by a volunteer board of directors. This crucial difference in business philosophy is especially important during…

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