Democratizing Wealth: Getting Involved With a Credit Union
date: Tuesday, 7 January 2014 time 7 p.m. to 8:30 p.m.
Jeremy Mohler, Petworth Library
In the wake of the 2008 financial crisis, nearly 10 million people moved their money to small community banks and credit unions. As democratic, non-profit financial institutions, credit unions operate outside the corporate logic that destabilized the economy.
Moving your money is an important first step, but more is needed. As one-person-one-vote institutions, credit unions are positioned to be key actors in the new economy while supporting communities in need. There is potential for real change: Right now in the U.S., credit unions hold more than $1 trillion in assets, which are potentially available for exciting and transformative initiatives. All that’s needed is active engagement.
This class will teach you how to find a credit union, join, and get involved. You’ll learn what the DC Credit Union Advocacy Group’s been up to, and the basic regulations that guide credit unions and members.