After hearing news that AUSTRAC found that Westpac had been facilitating the laundering of money for both terrorism as well as allowing money from a convicted pedophile to be transfered to the Philippines, I thought to myself that I don't really want the interest and fees I pay to St George (a subsidiary of Westpac) going towards such behaviour or supporting an organisation which seems to have no ethics.
Now I know that most banks are involved in questionable practices/investments, but what do you think the chances are of getting out of a fixed mortgage with St George to take my business elsewhere? Has anyone left a bank because of ethical reasons, and what was your experience?
Infinitesimal