|
|
Article: Brickyard Bank severs payday lending ties
- Article from:
- Lincolnwood Review (IL)
- Article date:
- September 26, 2002
CopyrightCopyright 2002, Lincolnwood Review, Pioneer Press. All rights reserved. REPRODUCTION PROHIBITED. (Hide copyright information)
|
Brickyard Bank President David Keller has announced the Lincolnwood bank will discontinue involvement in the payday lending industry by the end of the year.
Although protesters of payday lending operations have staged two demonstrations outside the Brickyard Bank within the last six months, Keller said the actions played no role in the bank's decision.
"We continue to believe this is a very valuable service and can be done in a responsible way," Keller said. "Our decision was only a business decision. As much as we respect the right of people to protest, this had nothing to do with our decision."
Members of the Chicago-based Egan Campaign for Payday Loan Reform said Brickyard Bank had ...