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JETS SUPER BOWL THIS WEEKEND
santana Icon : (15 December 2014 - 11:37 PM) This isn't congress
santana Icon : (15 December 2014 - 11:37 PM) this is srszz bizness
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) MGG FOR MOD IN 15!!!
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
MikeGangGree... Icon : (15 December 2014 - 11:42 PM) YES
santana Icon : (Yesterday, 12:49 PM) so do we beat the pats or just let them get the easy win
azjetfan Icon : (Yesterday, 01:57 PM) At this point I am all about ruining their chance for home field.
HarlemHxC814 Icon : (Yesterday, 02:15 PM) FIRE IDZIK
MikeGangGree... Icon : (Yesterday, 02:24 PM) O we will win
MikeGangGree... Icon : (Yesterday, 02:24 PM) Rex will end his last game in metlife with a bang
santana Icon : (Yesterday, 02:44 PM) bang bang!
azjetfan Icon : (Yesterday, 03:25 PM) You know Rex will dial up some crazy packages for Brady. He probably has that D-line all riled up already.
santana Icon : (Yesterday, 03:44 PM) Riled up to get Fired up
azjetfan Icon : (Yesterday, 04:19 PM) Connor Cook from MI State is projected to go in the middle of the first round.
Mr_Jet Icon : (Yesterday, 04:48 PM) Cook is not ready for the NFL.
santana Icon : (Yesterday, 04:50 PM) Lol cook??
Mr_Jet Icon : (Yesterday, 04:54 PM) I think very highly of Connor Cook. But if he is projected to go in the first round of the 2015 draft, this is going to be a very weak draft.
HarlemHxC814 Icon : (Yesterday, 05:02 PM) Connor Cook is going back to school..
santana Icon : (Yesterday, 05:52 PM) Lol school??
azjetfan Icon : (Yesterday, 06:31 PM) I don't know anything about him but he was projected by two different mock drafts to go to the Texans
Jetsfan0099 Icon : (Yesterday, 08:20 PM) Woody Johnson favorited a tweet about firing Idzik lol
jetfan4life12 Icon : (Today, 02:15 AM) woody better fire that ass clown if he wants fans to attend games next season. He messed the whole thing up by hiring a GM without letting him choose the coach. He likely was told no by the top 20 candidates and stuck himself with is dick
Jetsfan0099 Icon : (Today, 09:18 AM) yup, I don't trust Idzik to make good use of our top draft pick or sign quality FAs. Or hire our next HC
Jetsfan0099 Icon : (Today, 09:18 AM) I want a new GM and HC
HarlemHxC814 Icon : (Today, 09:54 AM) Should I go Vincent Jackson or Jarvis Landry as my WR3?
Jetsfan115 Icon : (Today, 11:13 AM) i'd go landry
Jetsman05 Icon : (Today, 11:40 AM) The opposite of what Mr Jet thinks about it.
santana Icon : (Today, 01:03 PM) Top Bantz by 05
santana Icon : (Today, 01:03 PM) http://www.gfycat.co...ousAlaskanhusky
MikeGangGree... Icon : (Today, 02:13 PM) 'Fire Idzik' banner returns for Jets
santana Icon : (Today, 04:23 PM) jets fans are loony. shoutbox is clear evidence of that.
HarlemHxC814 Icon : (Today, 04:28 PM) Nah Jets fans are all level headed individuals
Jetsman05 Icon : (Today, 04:40 PM) Zzzzz
santana Icon : (Today, 04:44 PM) i agree very level headed
santana Icon : (Today, 04:44 PM) ILL KILL YOU ILL KILL ALL OF YOU I AAM THE TABLE!!!!
Chaos Icon : (Today, 06:30 PM) @RapSheet: Sources: #Michigan has made another run at Jim Harbaugh after he initially rebuffed the school. U-M has made an offer of 6 years, $48M. Wow.
Chaos Icon : (Today, 06:33 PM) @AdamSchefter: Stunner from Chicago: Bears starting QB Jimmy Clausen this week, per source.
Chaos Icon : (Today, 06:33 PM) LOL
santana Icon : (Today, 06:34 PM) cutler to jets confirmed!
MikeGangGree... Icon : (Today, 06:36 PM) Cutler?? WOOOOOO
santana Icon : (Today, 06:39 PM) 49ers gotta whip out that check book
santana Icon : (Today, 06:40 PM) jets resign rex for 2 more years and get cutler
santana Icon : (Today, 07:26 PM) http://cdn.ksk.uprox...ing-650x487.png
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Credit Unions Poach Clients Misleading title but good info.

Poll: Where do you bank? (5 member(s) have cast votes)

Where do you bank

  1. Large multistate bank (2 votes [40.00%])

    Percentage of vote: 40.00%

  2. Regional or single branch bank (2 votes [40.00%])

    Percentage of vote: 40.00%

  3. Credit union. (1 votes [20.00%])

    Percentage of vote: 20.00%

  4. F the banks its under my bed bitz (0 votes [0.00%])

    Percentage of vote: 0.00%

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#1 User is offline   azjetfan Icon

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Posted 07 November 2011 - 12:34 PM

http://finance.yahoo...od=bb-budgeting


Thousands of people flooded into credit unions and small banks over the weekend as part of "Bank Transfer Day," an effort to prod depositors to abandon giant banks. But at least some of the big banks won't mind losing those customers.

On Saturday, the Boeing Employees' Credit Union in Seattle signed up a one-day record 659 new members. At the grand opening of a Randolph-Brooks Federal Credit Union branch in Pflugerville, Texas, the parking lot was so full that customers had to leave their cars across the street.

Dozens of people opened an account at the Texas credit union as a local disc jockey gave away prizes. "They'll treat me like a good customer," said Charlie Estes, 33 years old, who pulled his life savings out of J.P. Morgan Chase & Co., the largest U.S. bank as measured in assets. J.P. Morgan declined to comment.

It won't be clear for several weeks how many deposits moved to credit unions—the member-owned cooperatives that can't sell stock and don't pay taxes—on Bank Transfer Day. But the sprawling, loosely organized effort got lots of attention, partly because of controversial plans by Bank of America Corp. and other large banks to charge customers for using debit cards. The big banks retreated after widespread public furor.

[More from WSJ.com: Young Men Suffer Worst as Economy Staggers]

Executives at large banks have shown few signs of worry that depositors might walk out the door. One reason: People who gravitate to credit unions tend to be unprofitable for giant banks because of the small balances they keep on deposit, low number of products they buy and the relatively high account-maintenance expenses at big financial firms.

Moebs Services Inc., a research firm in Lake Bluff, Ill., estimates that it costs the giant banks about $350 to $450 per year to maintain a checking account. In contrast, smaller banks incur costs of $175 to $250 a year per checking account.

Banks try to recoup such costs by imposing overdraft fees and other charges. But new rules in the wake of the financial crisis limit some of those surcharges. The recent debit-card-charge mess was a failed attempt to close the gap.

Many banks also have done away with free checking, unless customers maintain a minimum balance and meet other criteria. But with the average checking account containing $5,200, according to research firm Raddon Financial Group in Lombard, Ill., many customers can't avoid the monthly charges.



More than three-fourths of credit unions offer no-strings-attached free checking, compared with 45% of banks, says Greg McBride, an analyst with Bankrate.com. Deposits at banks and credit unions are insured up to $250,000.

[More from WSJ.com: Make the Most of Holiday Work]

Credit unions held just 8% of federally insured deposits as of June 30, compared with 70% for banks that have assets of more than $10 billion.

Credit-union officials say those figures understate their actual reach in terms of customer numbers because most members at credit unions have small balances. Overall, U.S. credit unions have more that 91 million members, or nearly one in three Americans.

David Small, a spokesman for the National Credit Union Administration trade group, said many of the nation's 7,200 credit unions "are in rural areas where there is no other banking option."

Some bankers complain that credit unions have outgrown their status as a lender of last resort to poor and rural communities, and should be forced to pay taxes just like for-profit banks.

"At a time when state and local governments are struggling with lower revenue, why should some of these credit unions be subsidized if they are not going to provide those services?" said David Locke, chief executive of McFarland State Bank in McFarland, Wis. The bank has about $500 million in assets but is having trouble competing with nearby credit unions, he added.

[More from WSJ.com: The Footage the NFL Won't Show You]

Credit unions are lobbying Congress to let them make more business loans. The current limit is 12.5% of assets. Raising the cap would allow credit unions to diversify their loan portfolios and provide more capital to cash-strapped companies, Mr. Small said.

Yet several large commercial credit unions, which invest money on behalf of their retail members, went bust after loading up on high-risk mortgages during the housing bubble.

Some bank customers said they are unhappy—but not enough to give up the conveniences provided by big banks. "I'd love to change," said Michael O'Donnell, a Bank of America customer in Boston. "But the services they offer would be hard to replace."
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#2 User is offline   azjetfan Icon

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Posted 08 November 2011 - 01:46 PM

I can say we did not have a person come into any of our branches to close an account due to this on Saturday. Although we are a Community Bank so we probably were nor as effected as a Wells Fargo or BofA.
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