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  1. #1
    Senior Member BetsyRoss's Avatar
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    As big banks falter, community banks do fine

    As big banks falter, community banks do fine
    Unlike banks on Wall Street, these smaller banks didn’t invest in risky mortgage-backed securities or complex derivatives.

    By Alexandra Marks | Staff writer/ March 8, 2009 edition
    E-mail a friend Print this Letter to the Editor Republish ShareThisGet e-mail alerts RSS

    Reporter Alexandra Marks talks with Pat Murphy of CSMonitor.com about the differences between community banks and their larger brethren.

    Reporter Alexandra Marks


    --------------------------------------------------------------------------------
    Wethersfield, Conn.

    Despite dire headlines about the credit crunch and the shaky state of financial giants like Citigroup, the vast majority of banks in the United States are doing well.

    In fact, many are actually thriving and still making loans to help to grow local businesses and keep families in their homes.

    Think of it as a modern-day version of “It’s a Wonderful Lifeâ€
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

  2. #2
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    good post. I moved my account from Wells Fargo to Woodforest because they have their branches in most of our Wal Mart's here, plus they are open on Sundays. No more special trips to the bank. I can bank while I get groceries.
    We see so many tribes overrun and undermined

    While their invaders dream of lands they've left behind

    Better people...better food...and better beer...

    Why move around the world when Eden was so near?
    -Neil Peart from the song Territories&

  3. #3
    Senior Member BetsyRoss's Avatar
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    I bank at a local credit union. It was formed to serve a k-12 school district where I used to work. No branches, no globalism, no funny money.
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

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