Gloriavale community takes big banks to the Commerce Commission

Gloriavale community takes big banks to the Commerce Commission

By Jonathan Milne | Newsroom Pro |

A controversial West Coast Christian community is seeking to overturn the tables of the money lenders

Gloriavale leaders say some banks are refusing to serve customers they deem to be “undesirable”.

Purporting to represent religious minorities, Māori, rural, disabled and elderly members of society excluded by the banks, leaders of the 580-strong religious community are headed to the Commerce Commission to take on the banks.

“Whether the role of moral arbiter is one that should be assumed by those providing a necessary service such as a bank is highly questionable,” they say.

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