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To: dalebert; null and void; Fred Nerks; Velveeta; fightinJAG; Red Steel; pissant; ...

Obot marxist scam .. through and through,
and merging houses of worship with govt,
just as Glenn Beck is reporting.

Damn them .. so many churches, etc. are
poor, how many will fall for this tripe
and takeover ??

~~~~~~~~~~

Faith-Based Banking

ShoreBank is an innovator in providing banking services to faith-based organizations. Faith-based organizations are often anchors in urban neighborhoods, providing gathering places, programs and services for the community, thus building greater community stability and strength.

ShoreBank provides capital for faith-based organizations to renovate buildings, create programs such as day care and financial literacy, or add complementary businesses such as book stores. ShoreBank provides services for their congregants as well, including socially responsible deposit opportunities and money management classes. ShoreBank has also created partnerships with faith-based organizations to link congregation members with jobs, skills training and support services.

Loans to Faith-Based & Nonprofit Organizations

ShoreBank
ShoreBank, a full-service Illinois-chartered bank with branches in Chicago, Cleveland and Detroit, focuses on banking services for individuals, real estate and small business owners, and faith-based and nonprofit organizations.
more...

ShoreBank Cleveland
ShoreBank Cleveland provides loans to businesses, faith-based and nonprofit organizations, and real estate developers.
more...

ShoreBank Pacific
ShoreBank Pacific is a Washington-chartered bank that provides deposits, loans and consulting services to help businesses grow and become more environmentally sustainable.
more...
Savings, Checking, CD & IRA Accounts

ShoreBank
ShoreBank, a full-service Illinois-chartered bank with branches in Chicago, Cleveland and Detroit, focuses on banking services for individuals, real estate and small business owners, and faith-based and nonprofit organizations.
more...

ShoreBank Cleveland
ShoreBank Cleveland provides loans to businesses, faith-based and nonprofit organizations, and real estate developers.
more...

ShoreBank Pacific
ShoreBank Pacific is a Washington-chartered bank that provides deposits, loans and consulting services to help businesses grow and become more environmentally sustainable.
more...

FDIC NOTICE:

ShoreBank is participating in the FDIC’s Transaction Account Guarantee Program. Under the program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. General FDIC coverage for deposit accounts has also been increased to $250,000 per depositor through December 31, 2013.

http://www.shorebankcorp.com/bins/site/templates/child.asp?_resolutionfile=templatespath|child.asp&area_4=pages/nav/focus/right_side&area_2=pages/focus/07&area_7=pages/titles/focus_title


11 posted on 05/23/2010 4:12:31 PM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, hunker down & go Galt)
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To: STARWISE

AUDIT THE FED


14 posted on 05/23/2010 5:27:52 PM PDT by dalebert
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To: STARWISE

Wonder if there are any connections with “Uncle” AMish’s bank or Broadway Bank?


16 posted on 05/23/2010 6:18:04 PM PDT by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
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To: STARWISE; hoosiermama; Liz; onyx
http://www.shorebankcorp.com/bins/site/templates/child.asp?area_7=pages/titles/about_title.dat&area_2=pages/about/shorebankshareholders&area_4=pages/nav/about/right_side.dat

ShoreBank Corporation Shareholders

ShoreBank Corporation has approximately 70 shareholders, consisting of financial institutions, foundations, insurance companies, faith-based institutions, trusts and individuals. Following is a selective list of shareholders.

Allstate Insurance Company
Bank of America Corporation
BP Corporation North America Inc.
Bullitt Foundation
Calvert Social Investment Equity Fund Catholic Healthcare West
Center for Community Change
Charles Stewart Mott Foundation
Chicago Community Foundation
Cleveland Tomorrow
CNA Financial Corporation
Cooperative Assistance Fund
Cummins Foundation Inc.
Development Equity Fund, L.L.C
Domestic and Foreign Missionary Society
of the Protestant Episcopal Church of the US
Dominican Sisters of Springfield, IL
Ecotrust
Episcopal Diocese of Northern Michigan
F.B. Heron Foundation
Ford Foundation
Harris Bankcorp, Inc.
Health Care Service Corporation
Illinois Prepaid Tuition Trust Fund
Irving Harris Foundation
Irwin-Sweeney-Miller Foundation
JPMorgan Chase & Co.
John D. and Catherine T. MacArthur Foundation
Joyce Foundation
LaSalle National Corporation
Lumbermens Mutual Casualty Company
MAF Investments, Ltd.
Marquette Community Foundation
MBNA Community Development Corporation.
New Prospect Foundation
Northern Michigan University
Northern Trust Corporation
Piton Foundation
Prudential Insurance Company
R.D. Merrill Company
Regency Savings Bank, F.S.B.
South Shore Commission
State Farm Mutual Automobile Company
Twenty-First Century Foundation
UIDC Holdings, L.P.
Unitarian Universalist Congregation at Shelter Rock
United Church of Christ/ Local Church Ministries.
Wells Fargo Bank, N.A.
Wieboldt Foundation

//

(no links)

IT'S ALL IN WHO YOU KNOW? LET'S SEE
St. Petersburg Times (FL) - Sunday, October 12, 2008
Author: BEN MONTGOMERY, Times Staff Writer

(snip)

Here's a short list of prominent people at least as connected to Ayers as Barack Obama. Many of them served on various boards with Ayers, while others consider him a friend and associate.

Susan Crown: Vice president of Henry Crown & Co., the largest single investor in Virginia defense contractor General Dynamics Corp. The bulk of the family's holdings are in manufacturing and real estate. Other nuggets include Aspen Skiing Co. resort in Colorado and stakes in the Chicago Bulls, the New York Yankees and New York's Rockefeller Center.

Patricia Graham: Former dean of the Harvard Graduate School of Education, and board member for Houston-based Apache Corp., an independent energy company. She served as president of the Spencer Foundation, which supports research into educational improvement.

Arnold Weber: Past president of Northwestern University and of the Civic Committee of the Commercial Club of Chicago, a leading business and civic organization, and director of Chicago-based Diamond Management and Technology Consultants. He has been on faculty at the Graduate School of Business at the University of Chicago, Stanford University and the Massachusetts Institute of Technology, and a trustee of the Chicago Museum of Science and Industry.

Diana Nelson: Former Republican Illinois state representative and executive director of Cross City Campaign for Urban School Reform.

Adele Simmons: Vice chair of Chicago Metropolis 2020 and president of the Global Philanthropy Partnership. From 1989 to 1999, she was president of the John D. and Catherine T. MacArthur Foundation. Also a director of the Shorebank Corp. and member of the boards of the Field Museum of Chicago, the Union of Concerned Scientists and the Environmental Defense Fund.

Richard Daley: Mayor of Chicago, named one of Timemagazine’s five best big-city mayors in 2005.

Stanley Fish: Davidson-Kahn Distinguished University Professor of Humanities and a professor of law at Florida International University, as well as dean emeritus of the College of Liberal Arts and Sciences at the University of Illinois at Chicago, and the author of 10 books.

Ted Sizer: “One of American education's most influential thinkers for over four decades,” according to Education Sector, a nonpartisan independent think tank. Author of the Horace trilogy, dean of the Harvard Graduate School of Education and headmaster of Phillips Academy in Andover, Mass., where presidents George H.W. Bush and George W. Bush schooled.

Deborah Meier: Author of five books on education, MacArthur Foundation “Genius” grantee, and currently on the faculty of New York University's Steinhardt School of Culture, Education and Human Development.

Alex Polikoff: Lead counsel in the Gautreaux public housing litigation for more than 40 years. Former executive director of Chicago's Business and Professional People for the Public Interest. Was a member of Chicago law firm Schiff Hardin & Waite. Author of Housing the Poor: The Case for Heroism and Waiting for Gautreaux.

Warren Chapman: Vice chancellor for external affairs at University of Illinois at Chicago. Former president of the Bank One Foundation and vice president and national philanthropic adviser for JPMorganChase. Former lead program officer for the Joyce Foundation and member of the boards of directors of the Chicago Historical Society, the Metropolitan Planning Council and Columbia College Chicago.

R. Eden Martin: Executive director of Chicago's Civic Committee of the Commercial Club, and partner in the law firm of Sidley & Austin.

Vartan Gregorian: Former president of the New York Public Library and Brown University. Current president of Carnegie Corporation of New York, trustee of the Museum of Modern Art in New York and member of the editorial board of the Encyclopedia Britannica. Recipient of the National Humanities Medal and the Presidential Medal of Freedom and honorary degrees from 56 institutions.

Rabbi Arnold Jacob Wolf: Rabbi emeritus at KAM Isaiah Israel, located across the street from the Obamas’ Kenwood home. Taught at Yale, Hebrew Union College-Jewish Institute of Religion, the University of Chicago and Loyola Marymount University, and author of Unfinished Rabbi.

Sources: major newspapers, business journals and national magazines.

//

Obama urges Kenyan men to ‘respect the girls’
Naperville Sun, The (IL) - Monday, August 28, 2006
NAIROBI, Kenya - The streets of Kibera, one of the worst slums in the world, are packed as thousands of people are running Sunday afternoon in a dangerous stampede after U.S. Sen. Barack Obama ‘s almost 20-car motorcade.

Security is high. Kenyan police from different branches swagger with canes and clubs, officers in Kenyan military-style uniforms ride horses for crowd control and safari-vested agents who are part of the U.S. State Department diplomatic protection service are on the ground.

Obama touched off a mob scene, but the mob was there already.

Kibera, a district in Nairobi, jams at least 700,000 people in an area of about a mile. Some of them on this day were chanting “ Obama “ as they ran en masse down the street.

People dwell here in ragged canvas tents and shacks covered with corrugated roofs. Garbage piles on the street are festering. It's filthy and smells of raw sewage. There is very little commerce - the spindly street stalls do not count for much.

Late last year, U.S. Sen. Dick Durbin, the other senator from Illinois, and like Obama a Democrat, also visited this notorious slum in Kenya, though with no media in tow.

Obama had a session on microfinance, with a roundtable touching on below-market microbusiness loans pioneered by Chicago's Shorebank .

(snip)

//

Lending to churches has its risks and rewards
Chicago Sun-Times (IL) - Friday, December 24, 2004
Author: Mary Wisniewski
When the Rev. Clifford Spears was elected pastor of St. Michael Missionary Baptist Church in May 2002, one of his first duties was figuring out what to do with a big, weed-filled hole in the ground.

The previous pastor of the West Side parish had started building a new church and recreation center at 4105 W. Monroe in 2000, with a $700,000 bank loan. But the bank cut off the money at $240,000, and the project was halted with just the hole dug, a roof framed and a back wall erected. Then the old pastor died.

“The bank couldn't tell us what was wrong,” said Spears, who didn't name the bank, but said it was a big one. “It was a disaster. I spent a year wrestling with them.”

Another Austin minister, the Rev. Johnny Henderson of Home of Life MB Baptist Church, recommended Spears go to ABC Bank, also known as Austin Bank of Chicago, which has a specialty in church lending. ABC lent St. Michael's enough to close out the old loan and finish the project.

Sam Scott, president of 113-year-old ABC Bank, said that about 35 percent of the Austin branch's lending is to churches, because churches and other community groups are the glue that holds together an impoverished neighborhood.

“If we're to survive, the neighborhood has to be stable,” said Scott, who became head of the bank in 1987. Scott said the churches in neighborhoods like Austin go beyond spreading their religious beliefs. They build gyms, day-care centers, schools and banquet halls — giving people places to go so they can stay off the street.

“Ministers understand what needs to be done in their neighborhood in order for their church to survive,” said Scott. “They fight the elements as strongly as the bank does.”

Since 1987, ABC has lent about $60 million to churches —without one foreclosure.

“The bank's never suffered a nickel of loss on churches,” Scott said. On the couple of occasions when a loan has gone soft, other pastors stepped in to help.

Lending to churches poses different challenges than lending to other types of business, and some banks shy away from it. “It's not the corner delicatessen,” said Scott.

Ministers aren't always sophisticated borrowers — they know what they want, but they're not sure how to get it.

Some ministers don't go to a bank for a loan, because they're intimidated. Others may come without a financial plan that makes sense. Scott and ABC's Colette Loesher, the senior loan officer, work with churches to come up with plans to make the loan work.

The Rev. Clyde White, associate pastor at Trinity United Church of Christ and the director of ShoreBank ‘s faith-based banking center, said sometimes bankers don't understand the nuances and eccentricities of a church community.

For example, White said, a church's structure often doesn't resemble that of an ordinary business. An outsider may see only a church's dynamic, roof-shaking preacher, and not understand that the church elders — the trustee board, the stewardship council — are really running the ship.

“We can talk church,” White said. “We know the nuances.” ShoreBank ‘s eight-year-old lending program has made more than $150 million in loans to churches on the South and West sides. White said he has seen more interest from other banks in church lending in recent years.

Henderson got a $1.6 million loan from ABC Bank to build a new church at 4650 W. Madison, to accommodate a congregation that has grown from 15 in 1982 to 2,000 now. The bank helped the church find an architect.

(snip)

17 posted on 05/23/2010 6:53:50 PM PDT by maggief
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