Dividing lines between credit unions, banks blurring, but key differences remain

TORONTO — Distinctions between credit unions and private banks are fading as online banking, changing regulations, and competition have changed the retail banking landscape, but a few fundamental differences remain for those undecided between the two. Credit unions, a member-owned banking model, once had the advantage on value, while the greater resources of banks offered convenience and scale. However, both sides have […]