New four minute video on the rise of
"Fake Credit Unions"
Some credit unions are surging beyond the role of traditional credit unions, thereby harming communities by avoiding taxes, and creating an uneven playing field for traditional banks and real community credit unions.
Beware the fake credit unions!
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What to expect from a community bank
in a time of global crisis
"As we come out of this heart- and spirit-breaking pandemic I think all of us will have a new or renewed appreciation for not only our first responders, doctors, nurses, delivery people and caring neighbors, but also for local lenders."
--Virginia Varela, president and CEO of Sacramento-based Golden Pacific Bank & vice chair of Friends of Traditional Banking.
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COVID-19 News & Resources
"Applications, apologies and all-nighters: How local banks, businesses are navigating the PPP," Daily Hampshire Gazette, https://bit.ly/2ZEq2iM
"Community banks have been working deep into the night to get loans for their local businesses," Boston Globe, https://bit.ly/2M3WT8N
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Stories of surprising supply-chain vulnerabilities exposed by the COVID-19 pandemic are becoming all too familiar. First it was medical supplies - equipment, PPE and swabs. Then it was pharmaceuticals.
Less well known are supply-chain vulnerabilities that are hidden from view. Unseen suppliers behind a visible firm are a critical link that can break the chain.
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Learn how you or your organization can support Friends of Traditional Banking:
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