Cohousing-L Mailing List: RE: cohousing bank: Sunrise Credit Union

[Michael McIntyre (michael]

Chris ScottHanson wrote:

> ...60 cohousing communities, must be an average of at least $100,000 per
> community in reserves and rainy day funds.  If half of that were
> invested in a cohousing bank...

        Sunrise Credit Union
        www.sunrisecreditunion.org
        888-871-3482, Bill Becker, CEO

I and a handful of other Sunward Cohousing members have accounts
(checking, IRA, etc) at Sunrise Credit Union. Our community membership in
FIC allows all our members eligible to join. Another member of Sunward is
on their Board of Directors - giving us an especially good impression of
their operation.

I'm glad to be part of a community-based, cooperative enterprise where my
pooled savings are lent out to other community endeavors.  Sunrise prides
itself on making loans to worthy community projects that mainstream banks
might frown on as non-mainstream.

I believe Sunrise is open to dialog about extending membership eligibility
to TCN members.

cheers,  michael

        Sunward Cohousing, Ann Arbor, MI,  <http://www.sunward.org>

                        "2 homes currently for sale!"




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