There has been a lot of talk in the blogosphere in recent months about using our collective consumer power to make an impact on the BIG BAD BANKS by withdrawing funds and investments and moving them to one of the local credit unions. But this link to Elections BC political contributions over the last several years may make you think twice. According to Elections BC, the following credit unions have donated to the BC Liberals in recent years:
Coast Capital Credit Union, Envision Credit Union, Island Savings Credit union, North Shore Credit Union, Prospera Credit Union( Ocean Pointe branch), Spruce Credit Union, Valley First Credit Union, Vancity Credit Union, and Westminster Savings Credit Union.
In fact, the only credit union that donated to the NDP, was Khalsa Credit Union!
Considering that new customers must buy shares when you open an account or investment with a credit union, you are in effect, in a trickle down way, supporting the BC Liberals by doing so.
Food for thought, and if any of you bank with a credit union on the list, I would be very interested to hear their response should you ask them their policy on political contributions.
Now scroll down and read about what some are calling a clear conflict of interest in the media,with links from Sean Holman and Harvey Oberfeld.