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View Diary: San Jose: Millions Withdrawn from Bank of America and Wells Fargo! (288 comments)

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  •  I think by law (3+ / 0-)
    Recommended by:
    science nerd, Senor Unoball, Matt Z

    Credit unions are not allowed to put money in the Market. We have both our checking, business account and mortgage in OnPoint which was/is the OR state teachers CU. We also took our savings and put it in CD's there which we were told is invested in other members and stays in your local economy.  We moved everything from WaMU in 2008 on the advise of our tax accountant.    

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