Aaron Caid is our go-to guy for what’s happening in the banking industry. He’s the Chief Marketing Officer at <a href="https://www.mycccu.com/">Christian Community Credit Union</a>, an underwriter of this program.Aaron says we are starting to see what could be the next big exodus for Christians in the marketplace today, and that is Christians choosing to bank with their values.CCCU has been hearing from new members who have joined the credit union after becoming fed up with their secular bank. So they decided to go out and find out if this feedback was more than just anecdotal.  They surveyed over 1300 professed Christians across the country. Here’s what they found: <ul><li>Over 30% had considered switching their bank in the last 12 months. And Christian values were one of the top three reasons why they wanted to do that. </li><li>Over 60% cared deeply about managing their finances biblically, they want to honor God with their finances, not just the rest of their life. </li><li>And over 50% said, it's now more important than ever, that their bank reflects and supports their Christian values. </li></ul> Many CCCU members saw the politically motivated decisions that their former banks were making that were at odds with their Christian beliefs. CCCU also learned that many people switched from their banks over dissatisfaction with rates, fees, and poor customer service. But these were a statistical tie with the conflict with their personal beliefs. That means that alignment with Christian faith and values carries the same weight among Christians as bread and butter rates and fees. Christian Community Credit Union offers customers a way to address both of those concerns. They are unapologetically Christian and have been following Christ followers for more than 65 years. We are unapologetically Christian. Learn more at <a href="http://joinchristiancommunity.com/">JoinChristianCommunity.com</a>. On today’s program, Rob also answers listener questions: <ul><li>Is there a good way to get rid of a timeshare? </li><li>What is the best way to go about giving? </li><li>Does a whole life insurance policy make sense as a way to ensure a death benefit if you have a child with special needs? </li><li>What is the best way to go about meeting the financial needs associated with caring for a foster child? </li></ul> RESOURCES MENTIONED:<ul><li><a href="https://tug2.com/Home">TUG2.com</a></li><li><a href="https://www.christiancreditcounselors.org/">Christian Credit Counselors</a>  </li></ul>Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the <a href="https://www.moodyradio.org/programs/faith-and-finance/">Moody Radio Network</a> as well as <a href="https://afr.net/podcasts/faith-finance/">American Family Radio</a>. Visit our website at <a href="https://www.faithfi.com/">FaithFi.com</a>where you can join the FaithFi Community, <a href="https://faithfi.netviewshop.com/donate2">and give </a> as we expand our outreach.

FaithFi

Faith & Finance is a daily radio ministry hosted by Rob West. The program offers a practical, biblical and good-natured approach to managing your time, talents and resources.

Faith & Finance with Rob West

If someone told you 10 years ago that your bank was pushing abortion and other ungodly practices, would you have believed him? Probably not, but today, that’s what many of the nation’s leading banks are up to. We’ll talk with Aaron Caid about that and an amazing survey on this topic.

Is Your Bank Unbiblical? With Aaron Caid

FaithFi: Faith & Finance | Aug 18, 2023

Show Notes

Where Faith Meets Finance

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