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During the past week, there was a pretty active thread on The Enterprising Moms discussion list about banks. One person requested recommendations because of a bad experience with her current bank. Responses and recommendations flowed, along with a couple of calls to ‘talk with one’s feet,’ so to speak.
Tonight as I was catching up on podcasts, I came across this one from Marketplace Money discussing the growing movement recently launched by Arianna Huffington to get folks to move their money to community banks and credit unions. I’d initially heard about it a couple of weeks ago, but listening to the podcast tonight it really caught my attention in light of the recent discussion on the TEM list.
- Here’s a link to Arianna Huffington interview.
- One to the Huffington Post.
- And one to the Move Your Money campaign.
While really angered by the big bank mess, I hadn’t really put much energy into what to do with it. This campaign offers one option. While the idea of making such a significant change is less than appealing, I like what the campaign is trying to achieve. So … I’m thinking about it … How about you?
- Have you switched to community banks in light of the financial mess?
- Considering it?
- Do you bank exclusively with a credit union or other alternative?
- What would it take for you to make the switch?
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