About 15 people gathered Jan. 19 in Pritchard Park across from the Bank of America and Wells Fargo offices in downtown Asheville to protest Wall Street’s involvement in the foreclosure crisis and to demand that President Barack Obama hold the big banks accountable by ordering a federal investigation into their practices. photo by Jake Frankel
Council member Cecil Bothwell tells Xpress that he’ll propose that the city of Asheville move its funds to local banks, and push to pass such a measure in the coming year.
Photo by Max Cooper
We do not have to support big banks. The credit union is one of my favorite alternatives to larger banks. According to Wikipedia, “A credit union is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other […]