Thursday, February 07, 2008
Sneak peek at the unfinished inside of the upcoming Liberty Pointe Bank on Thirteenth Avenue in Boro-Park
Comments:
What's up with "e" at the end of "Pointe"? Are they want trying to sound upscale like every other boro park "whatever shoppe"?
Owned by a Frum Jew? What do we do regarding ribis? Does the heter iska work on this to make it mutar for customer to accept interest on an account or for him to charge interest on a loan? I need to go re-learn those halochois. It's been years. I never deposited money with a Jewish bank, nor borrowed from a Jewish bank.
Will someone who is up to date on the halochos explain it?
Will someone who is up to date on the halochos explain it?
From their website:
Shaya Boymelgreen, Chairman of the Board of Directors
Norman McClave, President and Chief Executive Officer
Meyer Eichler, Vice Chairman
William F. Weaver, Executive Vice President & Chief Financial Officer
Glenn Brown, Senior Vice President & Head of Branch Banking
Anthony Meo, Senior Vice President & Chief Lending Officer
Shaya Boymelgreen, Chairman of the Board of Directors
Norman McClave, President and Chief Executive Officer
Meyer Eichler, Vice Chairman
William F. Weaver, Executive Vice President & Chief Financial Officer
Glenn Brown, Senior Vice President & Head of Branch Banking
Anthony Meo, Senior Vice President & Chief Lending Officer
i asked my Rav before opening an account in Flatbush. No Heter Iska is needed, as the money is not being lent by the two Frum Jewish owners of the Bank, but by the Corporation. There is no ribis prohibition on a corproration lending money.
"BREAKING NEWS"
There are 4 more banks opening on Thirteen Avenue one 51 corner 13 were the show store used to be second on 13 between 51 - 50 were eagle electronics used to be third 45 corner 13 forth is this bank were talking now. Coming soon they will chance the name instead of "Thirteen Avenue" it will be called "Banking Avenue"
There are 4 more banks opening on Thirteen Avenue one 51 corner 13 were the show store used to be second on 13 between 51 - 50 were eagle electronics used to be third 45 corner 13 forth is this bank were talking now. Coming soon they will chance the name instead of "Thirteen Avenue" it will be called "Banking Avenue"
I hope they give out Kosher Lamps and good pens like Commerce Bank did, otherwise, who needs them? We need Daffy/Loehmann's/Sym's type discount clothing stores. Boring! Another bank!
Firstly, there may be many banks on 13th avenue but are any of them good? I heard from many people that LibertyPointe is an excellent bank. Aside from the fact that we should all help Jewish causes, putting your money there will probably help you. A bank owned by Jews definitely needs a heter iska, but there's no worries because they have one.
Looking down from Shomayim, they're bunches of PUSHKAS with tzedokah - all over the yiddishe gegent!
Shkoyach Chaptzem!
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Shkoyach Chaptzem!