November 25, 2015 06:19 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/VndydlLHos4/us-credit-union-regulator-has.html
US credit union regulator crushed Internet Archive's non-predatory, game-changing bank
The Internet Archive's Brewster Kahle writes, "We founded a credit union to build a new path after the banking debacle of 2008 and it's been crushed by federal regulators. The regulators close 200-300 credit unions every year, and have been since their founding of the NCUA in 1970. Only a couple are allowed to start each year. We were one of four in our year." (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/VndydlLHos4/us-credit-union-regulator-has.html
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