Difference between revisions of "Banks"
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(→WePay: added note that they discontinued the service for our purposes) |
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==Banking Options== | ==Banking Options== | ||
===WePay=== | ===WePay (discontinued)=== | ||
* Used by Occupy for flexibility and convenience | * Used by Occupy for flexibility and convenience | ||
* Frontend to Bancorp | * Frontend to Bancorp | ||
* Donations and consumer-based payment service discontinued as of January 3,2014 | |||
===Community Trust (Self-help CU)=== | ===Community Trust (Self-help CU)=== | ||
* Formerly People’s Community Partnership Federal Credit Union of West Oakland | * Formerly People’s Community Partnership Federal Credit Union of West Oakland | ||
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* gives second chances to people with bad CHEX records and also microloans (social warm fuzzy) | * gives second chances to people with bad CHEX records and also microloans (social warm fuzzy) | ||
* No minimum checking; free for accounts with at least $300 (otherwise $3) or direct deposit (can we make somebody's dues look like that?); interest at $1000+ | * No minimum checking; free for accounts with at least $300 (otherwise $3) or direct deposit (can we make somebody's dues look like that?); interest at $1000+ | ||
* Will give loans to the undocumented | |||
===Patelco=== | ===Patelco=== | ||
===Mechanics Bank=== | ===Mechanics Bank=== | ||
Latest revision as of 08:53, 15 April 2014
Banking Options
WePay (discontinued)
- Used by Occupy for flexibility and convenience
- Frontend to Bancorp
- Donations and consumer-based payment service discontinued as of January 3,2014
Community Trust (Self-help CU)
- Formerly People’s Community Partnership Federal Credit Union of West Oakland
- A couple horrible Yelp reviews
- gives second chances to people with bad CHEX records and also microloans (social warm fuzzy)
- No minimum checking; free for accounts with at least $300 (otherwise $3) or direct deposit (can we make somebody's dues look like that?); interest at $1000+
- Will give loans to the undocumented
Patelco
Mechanics Bank
- Non credit union, but local, fairly well reviewed & they donate locally
Cooperative Center Federal Credit Union
- Co-op credit union based in Berkeley
Pacific Coast Bank
- Community Development Bank with a Triple Bottom Line
- FDIC Insured
- 20% of their loans are to low/moderate income lendees