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Article, ILSR Press Room, Resource filed under The Public Good | Written by Nick Stumo-Langer | No Comments | Updated on Sep 13, 2016

David Morris Interviewed on PRN.FM’s “It’s Our Money” Radio Show

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/david-morris-interviewed-on-prn-fms-its-our-money-radio-show/

Progressive Radio Network – August 17, 2016 Continue reading

Article filed under Independent Business | Written by Stacy Mitchell | 1 Comment | Updated on Nov 1, 2002

Wal-Mart’s Bid to Buy Bank Blocked

The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/walmarts-bid-buy-bank-blocked/

A coalition of consumer groups, unions, independent banks, credit unions, and realtors managed a legislative feat in California last month when they pushed through an 11th hour bill to block Wal-Mart’s attempt to acquire a small bank. Wal-Mart filed an application with state regulators in April to buy Franklin Bank of California, an industrial bank with $2.5 million in assets and three employees in Orange County. The new law prohibits non-financial firms from buying state-chartered banks. Continue reading