6 responses to How The Amish Use Credit Unions
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    Comment on How The Amish Use Credit Unions (September 3rd, 2015 at 11:43)

    There is only one way to properly describe an article on Amish loans (and other financial issues)…

    (In my best Arte Johnson voice…..)

    Veeerly INTE-REST-ing

    http://www.hark.com/clips/svznxdqtnj-very-interesting

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    carebear57
    Comment on Hitching Posts (September 4th, 2015 at 12:16)

    Hitching Posts

    I like the idea of hitching posts in the credit union parking lot. Years ago, my husband managed a McDonald’s in south Florida that had hitching posts. The area was surrounded by many horse farms & riding trails, so many of their customers arrived on horseback. So hitching posts at businesses is not just for our Amish friends!

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    Nicholas
    Comment on How The Amish Use Credit Unions (September 4th, 2015 at 16:14)

    I like that the local banks cater to local custom! It’s funny to think of folks that aren’t Amish (or some other horse and buggy group) riding horses to the bank, especially in Florida! I know that sort of thing happens, but it’s rare. Mom said when she lived in Berne, IN, the First Bank of Berne bought a lot nearby and set it up as horse parking. I think there is a barn for the horses there, now, but when she lived there it was just a gravel lot. Guess where the local Amish did their banking? 😉

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    Ed from NY
    Comment on How The Amish Use Credit Unions (September 4th, 2015 at 23:56)

    Great article. Shows the importance of small locally owned banks and credit unions.

    Question – do any Amish groups have specific beliefs about usury, that is to say, the charging (or paying) of interest?

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    Nicholas
    Comment on How The Amish Use Credit Unions (September 5th, 2015 at 08:44)

    I am not sure about usury, Ed, but I would suspect that the more traditional groups would be the more opposed to it as would groups that are very spiritually minded (like the New Orders). I think that Jewish law prohibits charging interest to your fellow Jews. I wonder if there is a similar practice with the Amish.

    By the way, Don Burke’s and Erik’s sense of humor is a CREDIT to this site!

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