tag:blogger.com,1999:blog-319775530671726401.post7259723748706339914..comments2023-10-01T09:18:26.162-04:00Comments on Keith Leggett’s Credit Union Watch: Looks Like Redlining to MeKeith Leggetthttp://www.blogger.com/profile/14794334790117033547noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-319775530671726401.post-23815001241939841052014-01-13T16:05:41.809-05:002014-01-13T16:05:41.809-05:00Keith - maybe they left the 1 county for the Banks...Keith - maybe they left the 1 county for the Banks to rape, pillage and plunder. Coos County looks like a great location for a check cashing store. Shows the cu was not greedy - they did not take the entire state of NH only 90%Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-53078511049098644992014-01-13T14:44:16.158-05:002014-01-13T14:44:16.158-05:00Oh give me a break Keith. Coos county is the extre...Oh give me a break Keith. Coos county is the extreme northern panhandle of New hampshire. The largest county by almost double the land area with the fewest people by a factor of 50% below the next smallest. This credit union originated in the southeast corner of the state and appears to be gradually reaching out to serve most of the state. CUs don't need CRA because we serve the members who live in the communities where we gather deposits and we lend to the members from those same communities. That is not redlining. Banks are under CRA because many of them gathered deposits from low and moderate income communities and loaned the money to individuals, corporations and businesses outside the local areas. And, they didn't make mortgage loans on property in low income neighborhoods. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-319775530671726401.post-24758366815477352092014-01-13T13:44:22.117-05:002014-01-13T13:44:22.117-05:00I reluctantly agree. Even if they have a valid fi...I reluctantly agree. Even if they have a valid financially-viable reason for excluding this one county, it doesn't pass the smell test. However, to throw a blanket over all credit unions to employ CRA doesn't pass my logic test.Anonymousnoreply@blogger.com