Killing off the S&ls ?

[tmartin at CapAccess.org]

I can not help but think that the efforts on Capitol Hill in Washington
by Chairman James A. Leach (R-Iowa), Representative Marge Roukena (R-New
Jersey), et al, supported by Robert R. Davis, Ed Yingling, et al, to kill
off the S&Ls is not in the best interests of the American people.


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[tmartin at CapAccess.org]

I can not help but think that the efforts on Capitol Hill in Washington
by Chairman James A. Leach (R-Iowa), Representative Marge Roukena (R-New
Jersey), et al, supported by Robert R. Davis, Ed Yingling, et al, to kill
off the S&Ls is not in the best interests of the American people.


This post transferred from the cdb-l mailing list

[DRizzo2327 at aol.com]

Roukema (NJ) and it is not in the best interests. They are not proposing an
alternative to large multi-tiered banks.


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[WellCoop at aol.com]

Washington seems to be shooting at OTS with a scatter gun. BIF/SAIF problem
resolution has become the cloak to kill off community banking. While House
and Senate approaches differ, the mutuality issue is critical to the survival
of community based institutions. If they kill mutuality, must community
mutual institutions become credit unions to avoid becoming branches of large
banks? The mutual charter assures independence to serve a community and to
protect the community in allocation of credit.


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[tmartin at CapAccess.org]

On Mon, 25 Sep 1995 WellCoop@aol.com wrote:

> Date: Mon, 25 Sep 1995 12:36:09 -0400
> From: WellCoop@aol.com
> To: COMMUNITYDEVELOPMENTBANKING-L@cornell.edu
> Subject: Re: Killing off the S&ls ?
>
> Washington seems to be shooting at OTS with a scatter gun. BIF/SAIF problem
> resolution has become the cloak to kill off community banking. While House
> and Senate approaches differ, the mutuality issue is critical to the survival
> of community based institutions. If they kill mutuality, must community
> mutual institutions become credit unions to avoid becoming branches of large
> banks? The mutual charter assures independence to serve a community and to
> protect the community in allocation of credit.
>

The right to have a mutual S&L charter (federal or state) is very much
worth fighting for. Without it the citizens lose out.

Without them, the credit union (not just mutual, but a co-operative)
becomes the only option.

-----------------------------------------------------------------------


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[tmartin at capaccess.org]

To: Multiple users of CU-Talk <cu-talk@usa.net>
From: Thomas John Martin <tmartin@CapAccess.org>
On Mon, 25 Sep 1995 WellCoop@aol.com wrote:

> Date: Mon, 25 Sep 1995 12:36:09 -0400
> From: WellCoop@aol.com
> To: COMMUNITYDEVELOPMENTBANKING-L@cornell.edu
> Subject: Re: Killing off the S&ls ?
>
> Washington seems to be shooting at OTS with a scatter gun. BIF/SAIF problem
> resolution has become the cloak to kill off community banking. While House
> and Senate approaches differ, the mutuality issue is critical to the survival
> of community based institutions. If they kill mutuality, must community
> mutual institutions become credit unions to avoid becoming branches of large
> banks? The mutual charter assures independence to serve a community and to
> protect the community in allocation of credit.
>

The right to have a mutual S&L charter (federal or state) is very much
worth fighting for. Without it the citizens lose out.

Without them, the credit union (not just mutual, but a co-operative)
becomes the only option.

-----------------------------------------------------------------------


This post transferred from the cdb-l mailing list

[tmartin at CapAccess.org]

On Mon, 25 Sep 1995 WellCoop@aol.com wrote:

> Date: Mon, 25 Sep 1995 12:36:09 -0400
> From: WellCoop@aol.com
> To: COMMUNITYDEVELOPMENTBANKING-L@cornell.edu
> Subject: Re: Killing off the S&ls ?
>
> Washington seems to be shooting at OTS with a scatter gun. BIF/SAIF problem
> resolution has become the cloak to kill off community banking. While House
> and Senate approaches differ, the mutuality issue is critical to the survival
> of community based institutions. If they kill mutuality, must community
> mutual institutions become credit unions to avoid becoming branches of large
> banks? The mutual charter assures independence to serve a community and to
> protect the community in allocation of credit.
>

The right to have a mutual S&L charter (federal or state) is very much
worth fighting for. Without it the citizens lose out.

Without them, the credit union (not just mutual, but a co-operative)
becomes the only option.

-----------------------------------------------------------------------


This post transferred from the cdb-l mailing list