The difference between the People’s Reserve Credit Union and the other banks is that other banks are eeeeeevil whereas the People’s Reserve Credit Union is good.
Welcome to the real world, Occupiers. The world of regulations and accounting and laws and audits and trying to meet payroll. This should be entertaining.
Of course, there are plenty of credit unions around the country already, and they usually make up for their small size by parking members’ deposits in ultra-safe financial instruments, to minimize the risk of failure during unstable economic times, since they don’t have the resources to diversify, as big banks do.