How Credit Unions Survived The Crash

How Credit Unions Survived Crash - Politics, Business, Civil, History - Posted: 9th Nov, 2011 - 9:06pm

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Post Date: 27th Feb, 2009 - 5:44pm / Post ID: #

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How Credit Unions Survived The Crash

How Credit Unions Survived the Crash
By Ralph Nader

Eighty five million Americans belong to credit unions which are not-for-profit cooperatives owned by their members who are depositors and borrowers. Your neighborhood or workplace credit union did not invest in these notorious speculative derivatives nor did they offer people "teaser rates" to sign on for a home mortgage they could not afford. Ref. Source 5

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Post Date: 28th Feb, 2009 - 3:02pm / Post ID: #

How Credit Unions Survived The Crash
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Crash Survived Unions Credit How

I am a proud member of a credit union. I know they will not make a mortgage loan unless they know you are able to afford it. This is why they are not hurting like the bigger banks are.

Post Date: 9th Nov, 2011 - 9:06pm / Post ID: #

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How Credit Unions Survived The Crash History & Civil Business Politics

650,000 Americans Joined Credit Unions Last Month:

To put that in perspective, there were only 600,000 new members for credit unions in all of 2010. Ref. Source 2



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