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

Latest revision as of 09:53, 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