Working Assets is a corporation in the United States founded in 1985 by
Peter Barnes.
Working Assets' first product was the Better World Credit Card. After the United States deregulated telephone service, the company introduced Working Assets Long Distance in 1991. In 2000, it also became a
mobile virtual network operator, operating as Working Assets Wireless. The company renamed this division to
CREDO Mobile
CREDO Mobile (formerly Working Assets Wireless) is an American mobile virtual network operator headquartered in San Francisco, California. CREDO Mobile's mobile network operator is Verizon Wireless.
CREDO Mobile had a five star privacy rating f ...
in November 2007. In May 2006, Working Assets Publishing launched
with the release of
Glenn Greenwald
Glenn Edward Greenwald (born March 6, 1967) is an American journalist, author and lawyer. In 2014, he cofounded ''The Intercept'', of which he was an editor until he resigned in October 2020. Greenwald subsequently started publishing on Substac ...
's book, ''
How Would a Patriot Act?''
According to its website, Working Assets has raised more than $83 million for
progressive nonprofit organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in co ...
s since its inception, such as news site
Democracy Now!
''Democracy Now!'' is an hour-long American TV, radio, and Internet news program hosted by journalists Amy Goodman (who also acts as the show's executive producer), Juan González, and Nermeen Shaikh. The show, which airs live each weekday at ...
as well as others such as
Greenpeace and
Planned Parenthood. It has also partnered with other organizations on projects such as Leave My Child Alone, with Mainstreet Moms and Acorn.
October 2016, Ray Morris became Credo's CEO. The company stopped collecting donations from individual Credo customers and instead, made periodic corporate donations to liberal causes. January 2020, Credo ended all direct activism campaigns.
Credo Mobile was purchased by B. Riley Principal Investments September 2021. Five months later, the Working Assets credit card division was evidently sold to Bank of America. Working Assets credit card holders were not notified but, as of May 2022, make payments directly to Bank of America. Credo provides no information or customer service for Working Assets credit card holders. (Call center agents are available for Credo Mobile customers.)
References
External links
Company website
American companies established in 1985
Telecommunications companies of the United States
Progressivism in the United States
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