Credit Unions and Community Banks: Send a Message

January 8, 2010

Left out in the Bail Outs?  Final straws as the colluding monopolies continue to pilfer us out of existence (at 30% rates)?  Have they eased lending?  Or, have most dominant lenders used their propped-up fortunes (borrowed at 0.25% rates) to expand (take) – without giving anything back (as supposedly intended)?  In direct relation to the latter, as well as ongoing predatory practices from the credit card industry (syndicate), there are positively assertive ways to make stands for ourselves and our communities in this regressive environment:

Time For a Credit Union Movement:

Combined with the following, we can make significant impacts, while sending irrefutable (“bottom line”) messages:

Time for a Community Bank Movement:

Faith Leaders May Move Money Out of Bank of America

Sugar-Coated Status Quos: Let the Markets Grow

Measuring the Move: $20 Million and Counting

Our Money, Our Values

Update (02-23-2013): More than three years since Predatory giants (like Capital One) caused uproars from millions, their practices remain the same.  If my local credit union assesses a credit score of 796 combined with a perfect credit history as worthy of a new credit card account with more than double the credit limit and half the interest rate of a card I have maintained (in the most exemplary fashion) with Capital One for almost fifteen years, why would Capital One refuse to either lower the interest rate or raise my credit limit (on the same card/account they targeted along with almost everyone in the nation during their “Due to the Economic Environment” scam of 2008 and 2009)?  Because a certain “Environment” continues – without repercussions (they can’t just laugh at).