Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Corporations
Finance Discussion Forum

 Who really uses child labor?
I started hearing that a store I like uses child labor, which is Hollister. Infact, I was told that the whole Abercrombie company does. Then a little later, someone told me that all Gap stores (Gap, O...


 What is the meaning of FOB in importation?
...


 What does the W in Big W stand for?
...


 Private business making a loss?
my business homework is to

1.Research into an organisation in the PRIVATE sector that has run for a number of years without making profit. (4 marks)

2.Explain how it has been ...


 What is an actaury?
is thier work more like stand doing presentation or they like sit down and do stuff on computer?...


 Please give me a good model resignation letter.?
I want to resign from a teaching job with immediate effect due to family and health problem . I tried a lot to write a good one but failed pl. ...


 Is Aeropostale owned by the same company that owns American Eagle?
Are they? They have same california "look", same type of models, same type of store layout, SAME EVERYTHING! Just different logos. Their styles are also very similar, same with A...


 How much does a starbucks franchise cost?
In the area of los angeles/orange county. T...


 Why is turning a profit regarded as so evil?
Do you want the business you work at to succeed? Is it greedy to have a successful business? I mean, we should prosecute illegal business practices, and we should demand accountability from ...


 Does Fedex deliver on saturdays?
I have a macbook coming in the mail through fedex. right now it says "At local FedEx facility" .. so im just wondering, would i be getting it tomorrow?...


 Does it suck to work at kroger?
i was just wondering if kroger sucks more than any other job?...


 Is MinuteFix a legitimate Work at Home business?
I was sent an email to work as an online computer tech through MinuteFix. It looks pretty legit and found no complaints of them in the Better Business Bureau. Is this indeed legitimate?
A...


 Is it true in a business ?
The person who is most likely to con you is your partner ?
...


 What does theStarbuck Coffee symbol mean?
Im talking about their logo....


 Is there really that much of a difference between Economics and Accounting?
...


 In the context of Purchasing, what does the initials MRP stand for?
...


 JOB VANCANCY@Total Petroleum Oil Company Nigeria is true or false?
...


 How to deal with a jerk at work?
I work at a hotel and our night auditor has been workin for about 50 days straight. But even before that he was an asshole. for instance my son go pnemonia and i was in the hospital all night and day ...


 How can make money with no money at all?
I need to work and take of my family and have no money what so ever to that. What can I do?...


 Price of gas?
With supplies near record levels and OPEC still pumping the max each day, why do you think gas prices are still going up? I know alot of factors go into setting the price but I think the American ...



Barbi
Is credit unions better then banks right now?
                     
 




Mel M
Rating
Credit unions are not going to go belly up. Here's an excerpt from Forbes regarding credit unions:

ATLANTA (9/19/08)--"If there's a calm in the economic storm, it may be credit unions, whose investors are sleeping through the night," reported Susan Lisovicz of CNN Thursday during an interview with Neil Weinberg, senior editor of Forbes Magazine.

"We've had mergers and bailouts and a lot of us are nervous. Tell us why we should take a second look or in some instances a first look at credit unions," asked Lisovicz, amid banner headlines that said, "Credit unions weather rough seas."

Weinberg's answer focused on two reasons why "credit unions are a safe harbor":


Credit unions are operated as a "stable and profitable business, taking deposits from you and me through our savings and checking accounts, and lending out money for car loans, which earns a spread that is profitable."


Most credit union accounts are federally insured by the government up to $100,000.

"They tend to be conservatively managed and federally insured, which in this day and age is what you want," advised Weinberg.

He explained that through lobbying in Washington, credit unions have "managed to open the doors of membership quite a bit" and in many cases a person related to someone in an affinity group can join a credit union.

"You want to jump on board," Weinberg advised.

When asked what is it about credit unions that doesn't lead to the same kind of forecast for other commercial institutions, Weinberg said credit unions haven't got into the same trouble as commercial banks that specialized in mortgages and made risky home loans.

"Typically, credit unions have federal charters and federal inspectors, with strict, tougher rules. Because they began as agricultural cooperatives, they are run conservatively. You want to go for those credit unions."

"I got the message," said the Lisovicz. "You want to go for a credit union. Grab them while you can."



Roxy Foxy P J
Depends on who it is make sure that its all insure here if not its not a very good idea so you have to do some looking around!


LadyMady
Rating
It depends how strong the credit union is and who is backing the funds.


Dave
That's what I have been told,by My Daughter!! But I personally have not checked it out enough to say yes or no!!


skippy
Rating
no credit unions are more likely to go belly up due to the majority of unions are bank rolled by investor's as banks are by the loaners,with the Global down turn and the dropping of the dow,keep your money in a AAA rated bank and one that is insured by the government,and try to change your super to more national rather than international share and take it down to the lowest risk(yes the returns are not as good but it is better than losing the all together)


poppy1
Rating
Hi Barbi,
I would trust my bank before a credit union. That's my opinion.
Your Friend,
poppy1


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.004
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy