In the past, we’ve shown animosity toward banks without too much distinction. In retrospect, this might’ve been a mistake. Hopefully, we’re a refuge for resentful and puzzled customers of a certain subset of national banks rather than a competitor to a non-profit credit union. We wholly realize the necessary and worthy function that credits unions fulfill that neither we nor any national bank could accomplish. While we realize we might not be the right fit for some customers, we believe we’ll be a worthwhile alternative for many others.
Lastly, I’ve personally spent a significant amount of time thinking about ways in which BankSimple and other financial service startups could further bolster credit union adoption and satisfaction to better pursue their mission (e.g. opening financial research to nonprofits and academics or technology sharing). I’d love to hear from anyone who has thoughts on this.
It's a bit hasty to read that into his comment and break out the copypasta keyed under "credit unions"
There's plenty of small local banks that are non-evil, at least until they get swallowed up by progressively more dastardly banks in a long chain of semi-annual M&A transactions.
We think that’s great.
In the past, we’ve shown animosity toward banks without too much distinction. In retrospect, this might’ve been a mistake. Hopefully, we’re a refuge for resentful and puzzled customers of a certain subset of national banks rather than a competitor to a non-profit credit union. We wholly realize the necessary and worthy function that credits unions fulfill that neither we nor any national bank could accomplish. While we realize we might not be the right fit for some customers, we believe we’ll be a worthwhile alternative for many others.
Lastly, I’ve personally spent a significant amount of time thinking about ways in which BankSimple and other financial service startups could further bolster credit union adoption and satisfaction to better pursue their mission (e.g. opening financial research to nonprofits and academics or technology sharing). I’d love to hear from anyone who has thoughts on this.