Read This Before Joining A Credit Union
Credit unions have seen a rise in membership as big banks have come under scrutiny for their never-ending profit-making measures. While the Occupy...
Credit unions have seen a rise in membership as big banks have come under scrutiny for their never-ending profit-making measures. While the Occupy...
HuffingtonPost.com | Zach Carter | Posted 03.22.2012
WASHINGTON -- In early February, Alabama Republican Spencer Bachus called for a meeting between two of the most quietly influential interest groups in...
Michael Winship | Posted 05.15.2012
On Ash Wednesday, churches in San Francisco announced they were removing $10 million from Wells Fargo and called on the bank "to put an immediate freeze on its foreclosures and repent for their misconduct." The effort is part of several national campaigns to get consumers and community groups to remove their money from the big banks and transfer accounts to credit unions and smaller financial institutions. We're told that the banks, desperate when thrown a lifeline by taxpayers in 2008, are now stronger and better able to weather a crisis than they were. And yet, they continue to scream in protest and lobby on Capitol Hill against the ignominy of reform. Simple greed -- hey banks, how about giving that up for Lent?
Bill Cheney | Posted 05.14.2012
More than 1.3 million people joined credit unions in 2011. The gain is strong evidence that consumers are fed up with high bank fees and are leaving in large numbers for credit unions. But when you dig a bit deeper into the numbers, the results are even more significant.
The Huffington Post | Jillian Berman | Posted 03.12.2012
For lent this year, some will inevitably give up the usual guilty pleasures like chocolate or meat. More than a few churches are taking a decidedly di...
The Huffington Post | Catherine New | Posted 03.02.2012
Credit unions are booming as big banks take increasingly desperate measures to make money off of consumers. Membership in credit unions more than ...
Reuters | Posted 04.28.2012
Feb 27 (Reuters) - Nearly 10 percent of customers of U.S. banks moved their accounts last year, often after they became frustrated with fees and the...
HuffingtonPost.com | Catherine New | Posted 01.27.2012
Big banks are realizing they may actually have to pay attention to customers to keep them. An unprecedented number of people dumped billion-dollar ...
Caitlin Dally | Posted 02.11.2012
My university and many other Jesuit institutions uphold a great standard in their commitment to fighting for social justice. Is investing in corporate banks, which foreclose on families who they purposefully target with sub-prime mortgage loans, socially just?
HuffingtonPost.com | Catherine New | Posted 12.07.2011
Balance Transfer Day is not what it seems. The seemingly grassroots movement, which piggybacked on the success of November's Bank Transfer Day, is ope...
HuffingtonPost.com | Catherine New | Posted 12.01.2011
In an attempt to ride the recent wave of antibank sentiment fomented by November's Bank Transfer Day, a 35-year-old freelancer from Brooklyn, New York...
Posted 11.21.2011
Big bank interest in netting a profit on the backs of customers may end up backfiring. The top 10 retail banks are projected to lose $185 billion ...
Zoe Mendelson | Posted 01.18.2012
By keeping their massive endowments in big banks, colleges inherently support the behaviors of those banks and everything those banks invest in. And those things happen to constitute the seeds sowed from which we now reap this crisis.
Carolyn Kay | Posted 01.15.2012
Neighborhood credit unions could become an alternative to big banks for Chicago residents, if Second Ward Alderman Bob Fioretti is successful in passing an ordinance he introduced yesterday.
Attiyya Anthony | Posted 01.15.2012
In addition to high interest rates, protesters are reforming against misleading introductory offers.
Mark Engler | Posted 01.11.2012
All in all, Bank Transfer Day was a pretty powerful expression of collective disgust by Americans fed up with the goliath banks. Right? Well, not everyone agrees.
The Huffington Post | Jillian Berman | Posted 01.09.2012
Tens of thousands of Americans joined credit unions on Saturday, as the Bank Transfer Day movement encouraged consumers to move their money out of big...
Melissa Arjona | Posted 01.08.2012
Switching to a credit union is one of the easiest and most sustainable forms of protest, and one of the most effective ways to shift the (im)balance of power.
Mark Cassello | Posted 01.08.2012
Decades of thoughtless purchasing decisions have engorged powerful, exploitive, and reckless corporations. In turn, these corporations have gained undue influence over the American political process.
Amelia Marzec | Posted 01.07.2012
Meet Fran Ilich, a media artist and activist who started his own investment bank six years ago with nothing more than server space.
Hoyt Hilsman | Posted 01.07.2012
Force the banks to go back to traditional banking. If that means turning them into non-profits, so be it. But there is no way to justify allowing them to continue to bilk average American customers, not to mention risking driving the global economy off the cliff again.
Posted 01.07.2012
Occupy Denver staged a peaceful march with more than 1,000 protesters through downtown Denver on Saturday, a marked change from last weekend's violent...
Deyanira Del Rio | Posted 01.05.2012
You want to do it. You've been meaning to do it. Here are 5 reasons to finally ditch your too-big-to-fail bank and move your money to a local credit union.
HuffingtonPost.com | Jillian Berman | Posted 01.04.2012
"How do you kill a bank?" mused Christopher Guerra on a blustery morning at Zuccotti Park. "Strip it of its capital. You can't defeat banks head-o...
HuffingtonPost.com | Janean Chun | Posted 01.04.2012
David Meinert, owner of several Seattle businesses, including 5-Point Cafe, Big Mario's Pizza and Onto Entertainment, recently switched his business a...
The Huffington Post | Khadeeja Safdar | Posted 05.10.2012