Word: barterbank
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...Barterbank publishes a bi-monthly newsletter for members, offering the current list of goods and services...
Arranging exchanges like these is the job of the Barterbank, 12 Arrow St., a referral network serving the Boston area that opened in Harvard Square in November...
...important thing to remember about The Barterbank is that it uses a system of indirect barter," Donald J. Magder, co-founder and co-director of the bank, which is presently used by about 60 people, said...
Magder, a 1978 Emerson College graduate, and his partner Stuart Kelter, a 1978 Brandeis graduate, came up with the idea for Barterbank about a year ago. "We were inspired by the large-scale operations and wanted to tone it down a bit," Magder said, adding, "The idea was new, but we'd both been involved in starting small businesses before...
...Barterbank members pay a $15 membership fee for unlimited use of the computerized network system...
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