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Tag: Credit Union


wiredforlego (CC BY-SA 2.0)

Big Banks Trying to Kill Off Credit Unions

In an effort to gain even more control of Americans’ banking assets, the banking industry is trying to stamp out member-owned credit unions—which began amid the banking failures of the Great Depression—by stripping them of their nonprofit status.

Posted on Sep 19, 2013 READ MORE



Sasha Y. Kimel (CC-BY)

Time to Move Your Money

Saturday is the day 80,000 people have pledged to punish “too big to fail” banks by moving their money to credit unions and local community institutions. How does it work? Will banks feel the hurt? How can it be done quickly and conveniently? Josh Harkinson at Mother Jones answers these questions and more.

Posted on Nov 5, 2011 READ MORE


Money Wars: Goldman Sachs vs. OWS

In this clip from Tuesday’s “Democracy Now!” we hear the story of Goldman Sachs’ recent move to back out of a fundraiser for the Lower East Side People’s Federal Credit Union after the financial giant caught wind that the event would pay tribute to the Occupy Wall Street movement. But, as Amy Goodman and investigative reporter … (more)

Posted on Oct 25, 2011 READ MORE


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