Not-For-Profit Boinks...

Credit Union:
A "not-for-pig" institution...

Always chuckle at those "You're nothing more than a non-profit bank" type insults that are so frequently hurled at Credit Unions by folks such as the American Boinkers Association.

Oxymorons are always great fun - like: fiscally responsible Democrat, compassionate Republican, Congressional compromise, balanced federal budget, or just shorten that to "federal budget" since its been awhile since the Country actually had a budget - balanced or otherwise! We all perhaps should consider a little more deeply the import of an "unbalanced" federal budget!  Because, what's going on now with federal spending definitely appears a step beyond fiscal insanity...

But, back to the basics; banks are in business to make money, to make a profit; so the idea that there might exist an organization called a "not-for-profit bank" certainly stretches the imagination, rationality, simple logic... and perhaps even the truth.

After all, a credit union operates on a "not-for-profit" basis on purpose and by choice. 

If a bank operates on a "not-for-profit" basis it's always by accident (or fraud)!

The first step in creating another financial train wreck with the taxpayer once again required to step-up to bail out  our Wall St. "not-for-profit banks"?

Hire a CE-Oink!

They'll always go hog wild!