More and more, credit unions look and act like banks. So why don’t they pay taxes?
Robert Stuart enjoys a paycheck most bankers would envy.
Stuart, 47, is CEO of
Oregon’s second-largest financial institution, with 26 branches, 501
employees and assets of $3.6 billion. His
Occupy the Banks, an Occupy Portland offshoot, played "Human Monopoly" this afternoon in Pioneer Courthouse Square.The event was part of a series of “Bank Actions” that Occupy conducts every Friday, and the life-sized board game was meant to encourage people to move their money out of traditional big banks and into local credit unions. The group chose Monopoly as their activity because, according ...
Putting your money under your mattress may seem more attractive after reading a report OSPIRG released last week on all the ways Oregon banks nickel and dime consumers. Here are two alarming facts the consumer protection group discovered in a survey of 10 banks and eight credit unions offering "low cost" checking accounts in Portland, Eugene and Ashland: An overdraft of $20 paid back in two ...