Credit unions and building societies launch $2.5m ad campaign taking aim at banks

Abacus, the body that represents credit unions and building societies, has launched its first national campaign in ten years highlighting research that reveals homeowners with a mortgage from a credit union or building society are $35,000 better off over the life of the loan.

The $2.5m advertising campaign, which is being supported by online ads and a new website, takes aim at the major banks and talks about the advantages of credit unions and building societies, such as their lower interest rates.

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