Safer Banking Options

Brinty · 01-07-2010, 10:02 AM

Damn it! I do need new glasses. I thought this thread was "Safer Bonking Options" - oh well, I'm probably past it anyway.

feardia · 01-07-2010, 01:12 PM

I use a credit union to borrow and save:

The modern Credit Union Movement traces its origins to Germany and to Friedrich Wilhelm Raiffiesen, the Mayor of a small town in southern Germany who in 1849 formed societies which later turned into Credit Unions

The purpose of these Credit Unions was to enable people to help themselves in relieving debt and proverty.

Raiffeisen considered the following conditions as essential to the success of the Credit Union Movement:

* Only Members could save and borrow.
* Loans were made for provident and productive purposes at a fair and reasonable rate of interest.
* The character of a member would be the most important security of his/her loan.
* Membership is open within a Common Bond to all people irrespective of class, creed, colour or political persuasion

These conditions still apply to this day

Brinty, just for you...

Brinty · 01-07-2010, 07:55 PM

Quote:

Originally Posted by feardia

Brinty, just for you...

Thank you feardia, I'll photocopy that and then I'll always have a supply handy.

peaceandlove · 01-09-2010, 08:18 PM

WEDNESDAY, JANUARY 6, 2010

Campaign to Move Money From Giant Banks to Community Banks Is Going Viral

Arianna Huffington and Rob Johnson's campaign for people to move their money from the giant "too big to fail" banks to local community banks and credit unions is quickly going viral.

Continues: http://www.washingtonsblog.com/2010/...ant-banks.html

5thElement · 01-07-2010, 06:26 PM

Quote:

Originally Posted by Brinty

Damn it! I do need new glasses. I thought this thread was "Safer Bonking Options" - oh well, I'm probably past it anyway.

When growing up, my boys hated that I was a BBP (bloodborn pathogen) instructor that never missed an opportunity to discuss "safer bonking options"

I checked the list for myself and family members and most of us are using banks on the list - hard to convince the 20 somethings to use a bank that isn't open 7 days a week!

As for credit unions - I think that website had a place to review them also.

El

01-07-2010, 10:02 AM	#1
Brinty Avalon Senior Member Join Date: Sep 2008 Location: Blackbutt, Queensland, Australia Posts: 1,004	Re: Safer Banking Options Damn it! I do need new glasses. I thought this thread was "Safer Bonking Options" - oh well, I'm probably past it anyway.

01-07-2010, 01:12 PM	#2
feardia Avalon Senior Member Join Date: Sep 2008 Location: Uisneach, Ireland Posts: 477	Re: Safer Banking Options I use a credit union to borrow and save: The modern Credit Union Movement traces its origins to Germany and to Friedrich Wilhelm Raiffiesen, the Mayor of a small town in southern Germany who in 1849 formed societies which later turned into Credit Unions The purpose of these Credit Unions was to enable people to help themselves in relieving debt and proverty. Raiffeisen considered the following conditions as essential to the success of the Credit Union Movement: * Only Members could save and borrow. * Loans were made for provident and productive purposes at a fair and reasonable rate of interest. * The character of a member would be the most important security of his/her loan. * Membership is open within a Common Bond to all people irrespective of class, creed, colour or political persuasion These conditions still apply to this day Brinty, just for you...

01-09-2010, 08:18 PM	#4
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Re: Safer Banking Options WEDNESDAY, JANUARY 6, 2010 Campaign to Move Money From Giant Banks to Community Banks Is Going Viral Arianna Huffington and Rob Johnson's campaign for people to move their money from the giant "too big to fail" banks to local community banks and credit unions is quickly going viral. Continues: http://www.washingtonsblog.com/2010/...ant-banks.html