Gunnison Community Capital Group

Lazy K

admin — Sat, 01 Jun 2019 13:59:04 +0000

GCCG teamed with Straw & Timber Craftsmen to prepare and submit a bid to the City of Gunnison for the Lazy K property. Click the link above to read our proposal.

We believe the time is NOW to build energy efficient homes for the future. Housing won’t be affordable if owners and renters cannot afford to heat their homes. All modern homes must be built to the highest energy standards if our species is to survive the future.

The City of Gunnison is reviewing proposals and will shortlist 2 bidders to move forward with the Lazy K development.

Our proposal requires the City to “think outside the box”. Typical developers will use standard construction methods and materials which meet current standards for insulation and energy efficiency. Our proposal challenges the status quo with higher energy efficiency and intense community involvement.

What is an Accredited Investor?

admin — Sat, 01 Jun 2019 13:01:55 +0000

An accredited investor is a high-net worth individual or business entity with special status under financial regulation laws. Accredited investors are considered to be financially sophisticated and therefore have a reduced need for the protection provided by regulatory disclosure filings. Therefore, accredited investors are allowed to deal in securities that may not be registered with financial authorities such as the Securities and Exchange Commission (SEC).

To be considered an accredited investor in the U.S., you must have a net worth of at least $1,000,000, excluding the value of your primary residence, OR have income at least $200,000 each year for the last two years (or $300,000 combined income if married).

Clearly, the Securities Act of 1933 intended to protect little guys (non-accredited investors) from scammers and thieves selling fraudulent investments. Today, however, the case can be made that by limiting many investments to accredited investors, and cutting out non-accredited investors, the system helps the rich get richer because they have access to the best investment opportunities . https://medium.com/newtown-partners/the-rich-get-richer-the-effect-of-restricting-private-securities-to-accredited-investors-cd94fc81ecf8

Gunnison Community Capital Group is working hard to make local investment opportunities open to both accredited and non-accredited investors. We’re all in this together.

Bank Locally!

admin — Sat, 01 Jun 2019 12:02:00 +0000

Citizens were riled up against big banks after the 2008 Global Financial Crisis. Cries of “Move Your Money” encouraged all of us to bank locally and divest from the Big Banks that crashed our economy, ripped off homeowners, and got bailed out at taxpayer’s expense. The crisis came to head in 2008, but the contrast between the big banks and community banks harkens farther back. Back at least a far as the story in the classic Frank Capra film It’s a Wonderful Life, where community banker George Bailey helps the people of Bedford Falls escape the grip of the rapacious and predatory banker Mr. Potter

If enough people move their checking and savings accounts from one of the Big Banks into smaller, more local, more traditional community banks, then we, the people, can rebuild our financial system into a productive, stable engine for our local economy. The issue is neither Left nor Right, Liberal nor Conservative — it’s populism at its best. We, the people, put our money into our economy.

Although the hubbub has mostly died down, the point is still true: It matters where you bank. The Gunnison Valley is fortunate to have two very solid, very local banks that serve our community in so many ways. Both Gunnison Bank & Trust and Gunnison Savings & Loan are trustworthy banks committed to our local economy.