Credit Union Do's and Don'ts
DO
Offer safe and sound banking
Have not-for-profit status
Have local owners
Insure deposits up to $250,000
Stand ready to lend
Protect the interests of their members
Have members
DON’T
Need a bail out
Cost taxpayers anything
Participate in high-risk loans
Profit from your debt
Gamble with your money
Have a credit crisis
Have stockholders
Thursday, March 25, 2010
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