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Originally posted by seachange
reply to post by UniverSoul
Its interesting how a credit union differs from a communist model. In a communist model, the workers own the business. In a credit union model, the customers own the business. Perhaps this customer-ownership model is exactly what is needed to destroy the foundation of corruption so much of the world is based on. This is a trend that should expand into other business models. Of course the model I'm talking about is commonly called a consumer co-op. These people at the protests should stop wasting their effort shouting at the heavy stone walls of Wall Street and start their own co-operatives. Hit those guys right where it counts.
Originally posted by Unknown Soldier
reply to post by UniverSoul
Excellent thread S&F
People NEED to know this!
This is exactly why i left my Bank 'Wells Fargo" treated me poorly after buying my bank out in the late 90's.The policy's were absurd almost offensive. They would not allow me a small loan after the buy out and slapped me with outrageous fees. I left then I joined my local credit union by accident somewhat and have been happy ever since.
My sister works in a large bank as a Loan Officer. She told me years ago stories and things her banker Bosses would say, these are foul human beings. They really look down on the rest of us. They were very cold rude selfish self centered people apparently even looked down on her and belittled her because she was not mega rich like them even. There was always a bank buying them out new boss every year or two but had that same way about them. As if the all come from the same D!#% head mold. Perhaps this something that has to do with being born with a silver spoon in the mouth or something. I dont remember what they said exactly what she said to me i remember being surprised how evil upon her description. And she is not the type to tell me things like this i suppose she was so horrified and disgusted with these Bankers she had to say something.
Sadly she has worked her way up and has started to become like themedit on 7-10-2011 by Unknown Soldier because: (no reason given)
Originally posted by TheMatrixusesYou
Also nationally sindicated radio talk show host Clark Howard mentions that he's been a member of Credit Unions for decades and will probably maintain that until he's in the grave. The big mega banks are the debil!
Thanks Universoul. You're my hero...
Originally posted by pirhanna
reply to post by UniverSoul
I'm very pro-credit union.
Of course, even credit unions answer to the banking system in the end.
Why? Because they have to use the money the Fed allows them to use.
Control of currency is everything in this bankster ponzi pyramid.
Originally posted by Lonedrifter
I've been a member of a credit union for about 8 years. I chose it mostly because that was the one my father belonged to and to this day I've never had a problem. When my sister first opened a bank account she decided on Bank of America, and I remember her having problems about some of her money disappearing and what not. I'm so glad I went with a credit union.
Originally posted by LazloFarnsworth
reply to post by UniverSoul
Actually...it was in more services. 1st it was just more or less a church c.u., then as they got more popular, they began to broaden those services and took on more outside members. It was treated tho as more of a club of members. The rates were (are) always better and the service more personal. And the c.u.'s are more-so run by the people as opposed to the big-wigs in banking. They are more of a family atmosphere. Smaller and less political.
Originally posted by gossipnancy
The bank I know of,uses the members money to do projects on the community. I would rather see that than another thrift store.
THE state will pump up to €1 billion into the credit union sector to plug a financial black hole and save a number of credit unions from collapse.
Originally posted by bluloa
Dont mean to burst the bubble, but Credit Unions dont work either!
In Ireland there have been credit unions for years, however the government there have just announced that they too need a bailout!
What we really need is fairness, where everyone shares the worlds wealth.
THE state will pump up to €1 billion into the credit union sector to plug a financial black hole and save a number of credit unions from collapse.
Read more: www.irishexaminer.com...