ABA Takes Down Anti-Credit Union Website When Ownership is Exposed

The true ownership of an anti-credit union website that had been operating for more than a year was uncovered this week. According to a Wednesday report in Credit Union Times, “explorecreditunions.com” was owned and operated by the American Bankers Association (ABA) though the trade group’s involvement was “cloaked in secrecy.”

The website, which was devoted to highly-charged allegations against the credit union industry, was registered using a proxy that hid the ABA’s ownership. It was taken down once the ABA’s ownership was exposed.

The website’s Facebook page is still online and makes no mention of its ABA connection. The Facebook page identifies itself as a “news and media” page while the ABA’s Facebook page identifies itself as a “nonprofit organization-community group.”