Move Your Money

[babsbunny]

http://www.thenation.com/doc/20100201/editors?rel=emailNation

Are you angry about Wall Street's reckless excesses? Are you disappointed with President Obama's limp approach to reform? You can change this, acting individually and collectively. Withdraw your deposit and savings accounts from the large banks that brought the system to ruin and were subsequently rescued with billions in government bailouts. Put your money instead in smaller, safer banks or credit unions closer to home--the thousands of community institutions that do not harvest their profits from greed and recklessness.


"Move Your Money" is an electrifying slogan that's lighting up the Internet because it shows people how they can push back against the big dogs of banking. The concept is simple, but this is a big idea that could alter the timid direction of financial reform.

[CaliforniaPeggy]

1. Did that back in 1980.

I never regretted it.

[valerief]

2. I did. And I got a credit card through a credit union with 7.99% apr instead of 23.99%.

Maybe I'll do the mortgage next.

[ClassWarrior]

3. Do it!!!

And pass it on. We CAN have an impact.

NGU.

[rhett o rick]

4. And move your credit card. nt

[virgogal]

5. Done-----years ago.

[Hatchling]

6. I did it just today!

And I got a $25 sign up bonus and my friend got a $25 referral bonus.

[EFerrari]

7. My whole family is doing it.

K&R

[Born_A_Truman]

8. Mine has been there for 17 years

Small community bank (only 3 branches) and I love the employees. Active in our small community and always there for us.

[thotzRthingz]

9. never used a bank (CU-member for 40+ yrs) ... EXCELLENT IDEA for those still using banks (n/t) k&r

[Smarmie Doofus]

10. I'll be following suit shortly. K and R nt

[paulsby]

11. i keep my (liquid ) money in a credit union. have for as long as i can remember

my brokerage accounts are a different story, but i HATE the big banks. credit union is way to go

[unkachuck]

12. K&R....n/t

[stevedeshazer]

13. Credit Union members for 30 years.