Blog for Rural America

The Center for Rural Affairs, a private, non-profit organization, is working to strengthen small businesses, family farms and ranches, and rural communities. Permission to reprint items from this web log is hereby granted, on the condition that clear credit is given to the original source of the material. If the blog provides information for a story, please let us know by sending an email to johnc@cfra.org.

Monday, May 15, 2006

Missouri Legislature Votes Against Wal-Mart Bank

Missouri Legislature Votes Against Wal-Mart Bank

The Missouri legislature recently approved SB 892, sponsored by Senator Delbert Scott, which is designed to stop Wal-Mart from opening banks in the state.

Wal-Mart has applied to run an industrial bank in Utah, a type of bank this is not regulated by the Federal Reserve.

The bill – passed by unanimous votes in both the House and Senate – bars industrial bank companies from having any branches in Missouri.

Interesting news, and I thought I would see what folks have to say about this.

post a question or comment here or contact John Crabtree, johnc@cfra.org

Center for Rural Affairs
Values. Worth. Action.

2 Comments:

  • At 11:16 PM, Anonymous Anonymous said…

    I don't care what people say about Walmart donating money to local charities and causes in the communities that they have stores in, Walmart is just plain evil.

     
  • At 2:58 PM, Anonymous Anonymous said…

    WalMart = Satan's Five and Dime

     

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