For the right price, even a criminal bank like U.S. Bank can buy the “Most Ethical Award” from Ethisphere!
“US Bank fined $37.5 million after opening fake accounts to meet sales goals.
US Bank employees accessed consumers credit reports to open checking and savings accounts, credit cards and lines of credit without their permission.
“For over a decade, U.S. Bank knew its employees were taking advantage of its customers by misappropriating consumer data to create fictitious accounts,” said CFPB Director Rohit Chopra, in a statement.”
https://www.linkedin.com/pulse/need-ethics-cred-buy-trophy-ethisphere-alyeska-prsa-west-mprca
1 reply
Most of these awards are driven at least in small part by investment - JD Power, all of them. No different here. It’s always been a sham.