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    There is one point that I should have mentioned when I voiced my
    concerns.&nbsp; My money already is at Redwood Credit Union and I have no
    intent to move it to Monster Bank.&nbsp; The negatives associated with
    BofA et al are much worse than the concerns that will come after the
    large influx of money into Little Bank and Credit Union.<br>
    -Claudia<br>
    On 11/1/2011 9:22 AM, walter park wrote:
    <blockquote
cite="mid:CAEOcJ3NdKgLCjnb6ZQQZg+hBEhXyn5Xi+piAPU8XU7K_He66eA@mail.gmail.com"
      type="cite">I utterly agree that we need systemic bank reform, so
      BofA et al, if still viable a year from now, don't swallow up
      every Little Bank in the country.&nbsp; I used to bank at Hibernia, a
      small bank on Castro Street.&nbsp; Then it became part of four other
      banks before finally being swallowed by BofA.&nbsp; (When customers are
      more stable than their banks, we have trouble.)<br>
      <br>
      But, moving money out of the Big Banks is a step to create
      pressure for systemic reform, so it's still a good idea.<br>
      <br>
      I've been banking at San Francisco Federal Credit Union since
      1999.&nbsp; They used to be the SF City Employee Credit Union, just as
      the Fire Credit Union used to be only for local fireifghters.&nbsp;
      Anyone who lives or works in SF can open an account there.&nbsp;
      They're nice people.<br>
      <br>
      They DO have computers!&nbsp; I don't think doubling their customer
      base will lead to mass RSI.&nbsp; Their main branch is at 770 Golden
      Gate, a few block north of City Hall.&nbsp; They have three (count 'em
      -- 3) ATMs in the Civic Center area.&nbsp; But they belong to the same
      Credit Union union of ATM others do, so you can use many.&nbsp; I do
      nearly everything online, anyway.<br>
      <br>
      As to the 'big' financial services they don't offer:&nbsp; There are
      some.&nbsp; <br>
      <br>
      The housing coop i live in tried to refi through them a few years
      ago, but we categorized as 'commercial,' not single-family
      housing, even though we're a non-profit homeowner group, so they
      wouldn't.&nbsp; But then our big-ass bank, Wells Fargo, the same year
      sent us a letter saying, 'We just abolished your $100,000 line of
      credit -- not because of a damned thing about YOUR finances or
      payment history, which is perfect, but because of ours!'&nbsp; Don't
      count on Big Bank services as lenders.<br>
      <br>
      I recommend that NB move AN account with SOME money over to a
      local credit union.&nbsp; NB can still keep a toe in the Big Bank
      water, if we think we may need them someday.<br>
      <br>
      walter<br>
      <br>
      <br>
      <br>
      <div class="gmail_quote">On Tue, Nov 1, 2011 at 04:36, girlgeek <span
          dir="ltr">&lt;<a moz-do-not-send="true"
            href="mailto:girlgeek@wt.net">girlgeek@wt.net</a>&gt;</span>
        wrote:<br>
        <blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt
          0.8ex; border-left: 1px solid rgb(204, 204, 204);
          padding-left: 1ex;">
          <div bgcolor="#FFFFFF" text="#000000"> I have a strong feeling
            that Move Your Money is going to be a mixed blessing to all
            involved.&nbsp; These are small, sometimes sleepy institutions
            that often rely on doing less common operations manually
            because that is appropriate to current scale.&nbsp; What is going
            to happen when the sudden influx of customers overwhelms
            manual operations?<br>
            <br>
            I strongly support move your money.&nbsp; I also recommend
            patience with your new institutions while they scale up.&nbsp;
            Consider how good it will be for community investing if we
            all move our money into small banks, and then just as they
            commit finances to new systems we move our money back out.&nbsp;
            <br>
            <br>
            Pessimistically I also wonder how much we are going to see
            of cases of moving our money to Little Bank of San Francisco
            only to find six months later that Little Bank of San
            Francisco is bought by Bank of America.&nbsp; I guess this is why
            we need various legislation.&nbsp; <br>
            <br>
            -Claudia <br>
            <div>
              <div class="h5"> <br>
                <br>
                On 10/31/2011 6:25 PM, Olya K wrote: </div>
            </div>
            <blockquote type="cite">
              <div>
                <div class="h5">Does anyone have experience with New
                  Resources Bank?
                  <div><a moz-do-not-send="true"
                      href="https://www.newresourcebank.com/"
                      target="_blank">https://www.newresourcebank.com/</a></div>
                  <div><br>
                  </div>
                  <div>Apparently they're about sustainability..</div>
                  <div><br>
                  </div>
                  <div>Olya<br>
                    <br>
                    <div class="gmail_quote">On Thu, Oct 27, 2011 at
                      10:22 PM, Ryan Rawson <span dir="ltr">&lt;<a
                          moz-do-not-send="true"
                          href="mailto:ryanobjc@gmail.com"
                          target="_blank">ryanobjc@gmail.com</a>&gt;</span>
                      wrote:<br>
                      <blockquote class="gmail_quote" style="margin: 0pt
                        0pt 0pt 0.8ex; border-left: 1px solid rgb(204,
                        204, 204); padding-left: 1ex;"> charles schwab
                        is great - smartphone checking deposits and
                        refund of<br>
                        ATM fees. &nbsp;no cash services, but oh well.<br>
                        <div>
                          <div><br>
                            On Thu, Oct 27, 2011 at 10:16 PM, Nick P
                            &lt;<a moz-do-not-send="true"
                              href="mailto:nickbp@gmail.com"
                              target="_blank">nickbp@gmail.com</a>&gt;
                            wrote:<br>
                            &gt; SF Fire does have a catch -- their
                            deposits are only privately<br>
                            &gt; insured. Since the insurance risk pool
                            is far smaller compared to<br>
                            &gt; FDIC/NCUA, and since they lack
                            government backing, if one member<br>
                            &gt; institution fails, there is a much
                            greater risk of a panicked run<br>
                            &gt; powerful enough to bring down all other
                            member institutions, even<br>
                            &gt; those which may have been solvent
                            before the run began.<br>
                            &gt;<br>
                            &gt; To put it a bit plainly, SF Fire's
                            management decided a few years ago<br>
                            &gt; that saving a bit on deposit insurance
                            fees was worth the tradeoff of<br>
                            &gt; more risk for their members' deposits.
                            So if you do decide to go with<br>
                            &gt; them, I don't recommend leaving a
                            significant amount of money in your<br>
                            &gt; account. See also: the failure of
                            RISDIC back in 1991, which closed 45<br>
                            &gt; institutions and froze 300,000
                            accounts, and the similar failures in<br>
                            &gt; Ohio and Maryland in 1985:<br>
                            &gt; <a moz-do-not-send="true"
                              href="http://www.bos.frb.org/economic/neer/neer1993/neer393a.pdf"
                              target="_blank">http://www.bos.frb.org/economic/neer/neer1993/neer393a.pdf</a><br>
                            &gt;<br>
                            &gt; I use USAA checking myself; their
                            banking is open to all. They, Schwab<br>
                            &gt; Bank, and Ally Bank all offer ATM
                            refunds, but if you frequently need<br>
                            &gt; to see a banker in person then these
                            are probably not too practical,<br>
                            &gt; since they mostly do things by
                            internet/phone/mail, but with things<br>
                            &gt; like free postage-paid deposit
                            envelopes, they're a good option for<br>
                            &gt; most people.<br>
                            &gt;<br>
                            &gt; Mechanics Bank also offers ATM refunds
                            with their Relationship<br>
                            &gt; Checking account, though they're mostly
                            East Bay, with the exception<br>
                            &gt; of a branch in the financial district.<br>
                            &gt;
                            _______________________________________________<br>
                            &gt; Noisebridge-discuss mailing list<br>
                            &gt; <a moz-do-not-send="true"
                              href="mailto:Noisebridge-discuss@lists.noisebridge.net"
                              target="_blank">Noisebridge-discuss@lists.noisebridge.net</a><br>
                            &gt; <a moz-do-not-send="true"
                              href="https://www.noisebridge.net/mailman/listinfo/noisebridge-discuss"
                              target="_blank">https://www.noisebridge.net/mailman/listinfo/noisebridge-discuss</a><br>
                            &gt;<br>
_______________________________________________<br>
                            Noisebridge-discuss mailing list<br>
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                              href="mailto:Noisebridge-discuss@lists.noisebridge.net"
                              target="_blank">Noisebridge-discuss@lists.noisebridge.net</a><br>
                            <a moz-do-not-send="true"
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                              target="_blank">https://www.noisebridge.net/mailman/listinfo/noisebridge-discuss</a><br>
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