To: CitiCorp, Bank of America, Chase, Wells Fargo and the like


I, the below signed, pledge to transfer as many of my resources as possible to my local credit union in support of all those who have been victims of bank and corporate fraud resulting in loss of home, pension, savings, jobs and dignity in general.

I'm deciding to put my resources where they can have the most positive impact. Elizabeth Carr of the Santa Cruz Community Credit Union has it right:

". . .the short of it is this: credit unions exist to help people, not to make a profit. That difference resulted in SCCCU's establishment as a financial cooperative rather than a bank. At a cooperative, you're a member-owner, not a customer. In 97 countries, close to 186 million people are members of credit unions."

"Although we don't sell groceries, farming supplies or electricity, we share the same principles as other cooperatives. These principles underscore the cooperative values of self-help, self-responsibility, democracy, equality, equity and solidarity. As financial cooperatives, credit unions are much more than money lenders and holders."

"Like all cooperatives, we stand for the power of people helping people. Credit unions are prime examples of how the cooperative spirit transforms individuals and advances communities, the first steps toward building a better world."

This is something we CAN DO! LET'S DO IT TOGETHER AND LET'S DO NOW!!

Why is this important?

I saw this while at the Santa Cruz Community Credit Union today. So I'm thinking what would happen if, say, in celebration, masses of people withdrew their money from the Big Banks and deposited it in their local credit unions? Wouldn't that register as a meaningful protest with potential heavy impact on the big banks? Wouldn't that mean lots and lots of new resources available to be invested locally? Just wondering. . . . . . . . .


Reasons for signing

  • I've had account at local credit union for many years. They have been wonderful. I urge others to join credit unions.
  • All power to the (Credit) Unions!
  • Boom goes the dynamite.