[lbo-talk] credit union data

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Fri Nov 4 12:01:39 PDT 2011



>> why are the CUs just holding onto the money?
>
> Because they have no place "in the community" to invest
> the money safely and profitably.

Rubbish. At the very least they could profitably undercut "big banks" for refis ...

https://www.patelco.org/loans/auto_loans.aspx

I'm surprised that this "move your money out of a big bank" group doesn't focus on "move your debt out of a big bank" ...

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Quick LBO-Talk poll: if you have a car loan right now and it's with one of the big boys, have you considered refinancing with a local bank or credit union? Why/why not?

/jordan



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