Bernardine was able to reconcile warring communities. He also sought civic legislation to correct public injustices such as usury, the charging of excessive interest for loans, which was especially onerous on the poor. In 1484, Bernardine established the charitable credit organization, mont-de-piétés run by a joint committee of clergy and laymen. The institution was founded as an alternative to the high interest loans of the money lenders and Lombard traveling bankers of the Middle Ages. His fund raising drives were generally preceded with a procession featuring an image of either the Man of Sorrows or Pietà to encourage charitable donations. His insistence on charging a low interest to protect the institution's permanency raised a controversy among the theologians who thought it promoted the continuance of usury. (In 1515, Pope Leo X declared the institution meritorious and it spread rapidly throughout France, Italy, and Spain.)