This. Is. Ridiculous. Canada’s Big Banks have somehow convinced the government to force credit unions to stop using the words “bank,” “banking” and “banker.”

This is nothing less than bullying from the profit-obsessed banking sector that already gouges Canadians every chance it gets. Canada’s six biggest banks hauled in $35 billion in profit in 2015. Now it wants to target the few organizations that offer actual alternatives: credit unions.

Credit unions offer all the same services as banks. Describing what they do as anything other than banking will do nothing but deter Canadians sick and tired of banks’ predatory practices and looking for a way out.

Tell the Canadian government not to let banks bully credit unions!

A credit union was the first Canadian institution to lend money to women without a male co-signer. Many have a strong history of inclusivity, diversity and ethical investment. The big banks? Not so much. It’s one of the many reasons more and more Canadians are pulling their money out of banks and into credit unions. No wonder the Big Banks want to put a stop to it.

SumOfUs members have been taking on big banks in Canada and across the world for years. Over 20,000 of us supported postal banking as an alternative to big bank greed and pay-day loan shops. When the Bank of America tried to cut a tax exemptions U.S. credit unions needed to survive, over 80,000 SumOfUs members stood up to protect this critical alternative to a world run on greed.

We have to stop the big banks’ bullying. A credit union is a bank. Say no to the banks’ propaganda.

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