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["Lynda" <lurine AT softcom.net>]

No they don't, Bob.  Some local banks are *really* local and have put up 
*real* money to back the bank.  The same is true of quite a few *local* 
credit unions.

And, when I say "local," I don't mean regional or statewide, I mean "local" 
as in the immediate community.

They are really, REALLY tight on who they make loans to, how they make loans 
and who they give credit cards to.  They are quick on the cutting off of 
credit if someone is living off the credit cards and only making minimum 
payments, etc.  In fact, for at least 3 of the little "local" banks in my 
immediate area, the majority of the credit cards they issue are "secured" 
(certificate of deposit equal to the credit issued) credit cards.

Lynda
----- Original Message ----- 
From: "bob ford" <bobford79 AT yahoo.com>


The local banks and credit unions still have to borrow money from the 
"system. Try to draw off your credit union heloc, and see if your ability 
hasn't been throttled , even if your personal fico score and income has 
remained rock steady.

You say: "Bank local". If you bank at a small local bank, ask them if they 
receive systematic infusions of money from banks within the larger overall 
system. When it gets right to the matter, they are all 'allowed' to operate 
by the Fed, large or small. Unless there is a gold/silver bullion bank of 
which I have not heard.....bobf