NOT Satire: Michigan Just Approved the Charter for Nation’s First GAY Credit Union

Superbia Credit Union will soon open as a funding source specializing in helping gay Americans financially afford purchases that other lending institutions will not finance…

…like sex-change operations.

The State of Michigan approved the charter on Monday.

Here’s more from Forbes:

Do lesbian, gay, bisexual and transgender people need a bank of their own? Superbia Credit Union is about to find out.

Michigan on Monday approved a charter for the new financial institution designed for LGBTQ customers, clearing the way for online service to begin early in 2020.

Superbia Credit Union will offer products which are often outside the scope of a more traditional lender, such as loans for transgender people in the process of transitioning, said Myles Meyers, founder of New York-based Superbia Services Inc., which created the credit union.

“I can walk into a bank or credit union and apply for a loan or credit card or savings accounts and frankly, no problem,” said Meyers. “If I walked in to the same institution with my husband, we can come across different responses and welcome. And this is where it all starts to change for the community.”

Large swaths of corporate America now advertise their support for LGBTQ rights, and hundreds of companies have signed on to support federal and state laws to give equal protection to the community. A majority of Americans say they support gay marriage.

Here is the message from the landing page at Superbiafinancial.com:

Superbia Credit Union is the first ever Profit-for-Purpose financial institution that exists solely to serve and advocate for the LGBTQ community across the country. 

Opening its virtual doors in early 2020, Superbia credit union is owned and guided by its members.  An inclusive organization, anyone in support of the LGBTQ affirming mission is welcomed to join and become a member.

www.dcclothesline.com/2019/09/10/not-satire-michigan-just-approved-...

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Comment by Burbia on September 11, 2019 at 12:30am

This is also out there happening. 

Despite State Support, Marijuana Banking Bill May Sink Again

https://www.governing.com/topics/finance/sl-safe-banking-act-cannab...

And this is also out there navigating the currency war.

Massachusetts mayor arrested for extorting marijuana vendors for 6-figure bribes

https://www.usatoday.com/story/news/nation/2019/09/06/massachusetts...

Is there a pattern emerging?

Is This Bank Chasing Away Conservatives?

https://www.nationalreview.com/2019/04/chase-bank-conservative-cust...

But this also happened.

PayPal tries to ban conservative websites — and the internet responds swiftly

https://www.theblaze.com/news/2017/08/22/paypal-tries-to-ban-conser...

Comment by Parrhesia on September 10, 2019 at 9:05pm

truth - I agree except there would be little to no chance of opening a "straight" bank that exists solely to serve and advocate for heterosexual/cisgender community.

Comment by truth on September 10, 2019 at 8:47pm

This is a symbolic gesture nothing more. I'd be against disallowing the bank if they meet  every other requirement. Right to free speech and all

Comment by Burbia on September 10, 2019 at 6:46pm

Well, that's queer as a three dollar bill.

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