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View Diary: Seattle City Council passes Resolution from Occupy Seattle's G.A. in Unanimous Vote (82 comments)

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  •  This discussion is also going on in Vancouver (WA) (29+ / 0-)

    We are running up against some state guidlines that require certain certifications.

    The bank that the towns used to deal with was the Bank of Clark Country which was one that went under. When they put put for proposals the only one that stepped up was Bank of America.

    It might be a good idea for those of us who are interested to start looking into this a little deeper and see if we can untangle it.

    The cities and counties should be using ONLY banks that are local and keeping the revenue local where it can do the most good for those who are contributing the money via taxes and such. Seems even the most conservative among us could see that.

    It is the heart that makes a man rich. He is rich according to what he is not what he has -Henry Ward Beecher

    by PSWaterspirit on Mon Nov 14, 2011 at 08:25:01 PM PST

    •  Unfortunately, Cowlitz Bank also went under... (5+ / 0-)

      .....its successor is Heritage Bank out of Olympia.

      West Coast Bank and Umpqua Bank are also in the metro area, with presence in Vancouver.  

      Bank of America is someone no one, whether individual, business, or government, should deal with.

      9-11 changed everything? Well, Katrina changed it back.

      by varro on Mon Nov 14, 2011 at 09:48:59 PM PST

      [ Parent ]

    •  Perhaps write a diary & call for inputs from (3+ / 0-)

      dKos financial types?  I'm pretty sure I've seen comments from at least a few who claim to work at credit unions, so they're in the ball park, at least in the stands watcing the game...

    •  In looking more deeply, (1+ / 0-)
      Recommended by:

      I'd first ask the question, why was BofA the only bank that "stepped up"?  Might it have anything to do with the trillions of dollars the Fed has funneled their way?

      I am become Man, the destroyer of worlds

      by tle on Tue Nov 15, 2011 at 06:44:27 AM PST

      [ Parent ]

      •  State Rules (0+ / 0-)

        have something to do with it.

        I am trying to go back and find the info the county treasurer gave me when I was duking it out with the teabaggers on the local papers web site.

        I just think that if we are armed with the information when they start claiming no one wants to do business with them we will have ammunition.

        If I can find it I will publish it.  Unfortunately this will only apply to the State of Washington other states probably have their own rules.

        It is the heart that makes a man rich. He is rich according to what he is not what he has -Henry Ward Beecher

        by PSWaterspirit on Tue Nov 15, 2011 at 04:38:56 PM PST

        [ Parent ]

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