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MoneyChat. President Greg Smith answers what is on your mind.

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Greg's passion for the credit union difference, his love of technology, and his knowledge of financial markets make him a uniquely qualified leader.

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It’s Time to Stop Bad Business Practices

Written by Greg Smith on 5/19/2009

Recently I sat down with the host of "Pennsylvania Newsmakers," Dr. G. Terry Madonna, to talk about the credit card industry and some of their anti-consumer practices. For the past 20-some years, I’ve watched the industry take advantage of consumers, and although there are now regulations that will put an end to things like double-cycle billing and universal default, they really can’t come soon enough.

PSECU members with The Capitol Card® have not been subject to relentless fees and rates that increase for what seems to be no reason. I’m proud to offer our members a card they can use and know they’ll be treated fairly.

View interview.