A tactic used to control relationships, financial abuse is often the answer to the question of why people remain in domestic violence situations. Some Massachusetts banks and credit unions have taken steps to understand financial abuse and support customers experiencing domestic violence.
Domestic violence is such a huge problem, no one in a position to make a difference can sit on the sidelines. Financial institutions are well positioned to help survivors and are to be commended for their efforts to do so.
Employees of Chelsea-based Metro Credit Union experienced firsthand the effects of domestic violence last December. Ersilia Cataldo Matarazzo had worked at the credit union for 20 years when she was fatally shot in front of her parents’ house in Everett. Her estranged husband has been charged with her murder.
