RLM and Credit Unions (which are federally tax exempt)

[Michael Joseph]

Just read this article about credit unions: Banks Turn Up Heat Against Credit Unions (an old 1996 article).

This brings up questions:
1. Would they be more "friendly" towards us Redeeming lawful money?
2. Does their tax exempt status help/enhance our position when we file our form1040?
3. Since they are not regulated by the FRB how that relate to FRN's?

Just wondering about any possibilities...

I did a process [notary] with a credit union years ago. The notary they provided me was a bank officer. I asked her if she knew what I was doing. Her response was while others are withdrawing from the market they were expanding because they had billions in credit to expand and build in the down cycle. She said that she knew what I was doing but that 300 dollars of lawful money was not going to put any "dent" in their business plan as it would not affect their reserves.

I eventually stopped banking altogether as I choose to pay a trustee to perform those deeds on behalf of myself and my heirs. There are alot of ways to pay someone - education being one.

Shalom,
MJ