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 Message Boards » » Goodbye Community Banks? Page [1]  
GeniuSxBoY
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With all the talk of the fiscal cliff, there is one major issue that is being overlooked. Something called TAG is set to expire at the end of the year and if it does it will have a big effect on how you bank.

http://www.fox19.com/story/20113260/reality-check-will-community-banks-disappear-at-the-end-of-the-year

11/16/2012 11:32:48 AM

MinkaGrl01

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I like dollarbuck bluff better

11/16/2012 11:35:46 AM

Mr. Joshua
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IT'S THE FUCKING FED, MAN

11/16/2012 11:40:45 AM

quagmire02
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NCSECU FTW...none of the bullshit of an international bank, all the awesomeness of a community bank (minus the insecurity)

11/16/2012 11:41:02 AM

GeniuSxBoY
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^^business as usual, amiryte

11/16/2012 11:47:58 AM

Mr. Joshua
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No, you are never right. In fact, you are the dumbest person on this site.

Hey, that rhymed.

11/16/2012 11:49:37 AM

GeniuSxBoY
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Put me on the money, sir.

11/16/2012 11:51:42 AM

mrfrog

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Quote :
"NCSECU FTW...none of the bullshit of an international bank, all the awesomeness of a community bank (minus the insecurity)"


http://www.depositaccounts.com/banks/state-employees-cu-nc.html#health

Quote :
"Capitalization 2
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. State Employees' Credit Union (NC) has $25.1 billion in assets with $2.01 billion in equity, resulting in a capitalization level of 7.99%, which is below average."

11/16/2012 11:56:14 AM

quagmire02
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below average doesn't mean about to go out of business

my mortgage rate is low (for now), i get a better return on checking/savings than with the majority of national banks, and i actually like them

*shrug*

11/16/2012 12:00:25 PM

mrfrog

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bank health is only a concern for people with deposits in it.

11/16/2012 12:03:34 PM

dtownral
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Geniusboy must be unable to read, he seems seriously incapable of finding news in print media. It's always either YouTube or various local news stories.

No one is going to watch videos, dude, not all of us work at their dad's pizza place.

11/16/2012 12:09:43 PM

GeniuSxBoY
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How fucking insensitive.


(word wrote using eye-seeing-typing dog)

11/16/2012 12:11:33 PM

dtownral
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word wrote

11/16/2012 12:11:58 PM

GeniuSxBoY
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Sorry, computer keyboards weren't exactly designed for paws.

11/16/2012 12:13:13 PM

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