washtenaw federal credit union: Ann Arbor Credit Unions "Feeling the Love" as Consumers Spurn Big Banks
- 07/13/10 05:37 AM
Fifteen years after Dearborn native musician Bob Seger graduated from high school right here in Ann Arbor, he released "Feel Like a Number." The song seems, in retrospect, to presage the way many Americans, including Washtenaw County residents, really are feeling these days - especially with regard to big banks. People are angry at big banks for their involvement in sub-prime mortgages and complex financial products like derivatives, which contributed to the financial crisis. In the wake of big banks' risky investment practices, which led to our nation's current financial downturn, consumers are looking at alternatives for the investment and safe-keeping … (0 comments)
Fifteen years after Dearborn native musician Bob Seger graduated from high school right here in Ann Arbor, he released "Feel Like a Number." The song seems, in retrospect, to presage the way many Americans, including Washtenaw County residents, really are feeling these days - especially with regard to big banks. People are angry at big banks for their involvement in sub-prime mortgages and complex financial products like derivatives, which contributed to the financial crisis. In the wake of big banks' risky investment practices, which led to our nation's current financial downturn, consumers are looking at alternatives for the investment and safe-keeping … (0 comments)
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