The Occupy Money Cooperative, the financial organization Occupy WallStreet activists are trying to start in New York City, couldone day sponsor a credit union, according to its founder.

Carne Ross, spokesman for the group of 10 activists that he saidis behind the effort, told Credit Union Times on Thursdaythat while founding a credit union right away was an effort thegroup thought too time-consuming and expensive at the start, thatshould not be interpreted as meaning that group was againststarting a credit union.

The group has said that it had ruled out immediately starting acredit union because credit unions carry field of membershiprestrictions, but Ross said that once its cooperative was up andrunning he could imagine it launching a credit union as a way ofproviding lower cost financial services.

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