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Credit Unions

Elizabeth Warren Meets With Bank Lobbyists | Posted 05.25.2011 | Business

Elizabeth Warren, a top candidate to lead the new Bureau of Consumer Financial Protection, met quietly last week with some of her sharpest critics: bi...

Is Main Street Ready for the Second Wave of the Recession?

Don McNay | Posted 05.25.2011 | Business
Don McNay

The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.

Frustrate the Bankers: Give Credit Unions More Biz-Lending Authority

Bill Cheney | Posted 05.25.2011 | Business
Bill Cheney

The only ones who oppose expanding credit union business lending are banks -- and they are thwarting its consideration.

Money and the Magic Pill

Don McNay | Posted 05.25.2011 | Business
Don McNay

Right now, the top six "too big to fail" banks control about 70% of the wealth in America. Here's how we can all change that.

The Lifeline for College Students: Credit Unions

Scott Gamm | Posted 05.25.2011 | College
Scott Gamm

To ensure that credit card companies and profit hungry lenders don't rip you off, credit unions are here to help.

Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011 | Business
Don McNay

"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."

How C.D.O.'s Brought Down A Credit Union

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

WHEN Wall Street is accused -- as it has been so often these days -- of selling risky products to unwitting customers, it usually argues that investor...

Taking Financial Reform Into Our Own Hands

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

As much as Citigroup, Goldman, and Chase may wish it to be, the overhaul of our banking system is not over. Round two begins now: in our wallets, our communities, and our state governments.

Arianna On 'John King USA': Move Your Money, Support Your Community Instead Of Too Big To Fail

Huff TV | Posted 05.25.2011 | Business
Huff TV

Arianna appeared on CNN's "John King USA" Wednesday night to talk about the "Move Your Money" campaign, which she said allows people to act where gove...

Moving our Money in Somerville

Joe Grafton | Posted 05.25.2011 | Business
Joe Grafton

An emerging body of economic research shows that doing business with local independents is the fastest way to restart and reshape our economy.

Move Your Money: Surveying Deposit Changes From the First 90 Days

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

Nearly six months after we launched, we're now able to see the numerical effects of the Move Your Money concept.

Credit Unions Hang Tough, See Surge in Deposits

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

Data from the last 18 months show that the country's 7,600 credit unions are in fact outperforming big banks and rapidly expanding their market share. Since the start of 2009, credit unions have added more than 1.5 million new members.

Let Cities Put Funds Where They Want

Jonathan B. Mintz | Posted 05.25.2011 | Business
Jonathan B. Mintz

It is time to end the anticompetitive restrictions limiting local governments from depositing their funds in institutions that provide the greatest benefits to their residents.

Banks Hold on Tightly to Our Bits

Rob Rubin | Posted 05.25.2011 | Business
Rob Rubin

Being digitally entwined with a bank -- relying on digital bill-pay, for instance -- makes it complicated and time-consuming to switch from a mega-bank to one of the littler ones.

Bank Local: Indie Businesses Embrace Move Your Money

Stacy Mitchell | Posted 05.25.2011 | Business
Stacy Mitchell

Independent business groups that have been urging people to "buy local" are now making "bank local" an increasingly prominent part of their message, bringing new grassroots visibility to the Move Your Money movement.

How Do You Reflect on the Professionalism of Your Organization?

Rob Rubin | Posted 05.25.2011 | Business
Rob Rubin

If you say you'll return voice messages, then return them. Simple etiquette goes a long way in a world lacking etiquette.

Credit Unions Begin To Promote Their Strengths

New York Times | ANDREW MARTIN and RON LIEBER | Posted 05.25.2011 | Business

Credit unions have a reputation for being rather dull and conservative, and for decades, America's First Federal Credit Union in Birmingham, Ala., was...

Don't Pay Fees for a Checking Account

Rob Rubin | Posted 05.25.2011 | Business
Rob Rubin

There are simply too many other options available -- including community banks and credit unions -- to accept paying fees for a checking account. Here are some simple tips to avoid common charges.

Financial Literacy Is No Joke

Fred R. Becker, Jr. | Posted 05.25.2011 | Business
Fred R. Becker, Jr.

This April Fool's Day, don't let the joke be on you. Be smart about your money and check out credit unions today for great service and rates.

Small Business & Credit Unions: A Valuable Partnership

Fred R. Becker, Jr. | Posted 05.25.2011 | Business
Fred R. Becker, Jr.

In honor of National Small Business Week and with all the recent discussion about small business lending initiatives on Capitol Hill, I thought it was...

The Latest Case of Big Banks Betting Against the Customers

Rob Rubin | Posted 05.25.2011 | Business
Rob Rubin

Casinos bet against their customers. Should banks? It seems like some do by encouraging us to use our debit cards so they can then hammer us with fees when we overdraw our accounts.

Community Banks and Credit Unions Respond to Customers Faster Than Big Banks

Rob Rubin | Posted 05.25.2011 | Business
Rob Rubin

The difference between some banks and bad plumbers is that instead of taking our business elsewhere, we lower our expectations and stay put. That's pretty dysfunctional.

Move Your Money: Taking A Stand With Your Savings

Minneapolis Star Tribune | Posted 05.25.2011 | Business

First we had 'eat local.' Then 'buy local.' Is it time to bank local as well?...

Maryland Legislature Considers Move Your Money Approach To State Business

Baltimore Sun | Eileen Ambrose Personal Finance | Posted 05.25.2011 | Business

The Maryland General Assembly is considering legislation that would essentially give state-chartered banks an edge when bidding to serve state agencie...

Move Your Money to a High Interest Checking Account

Michael McGown | Posted 05.25.2011 | Business
Michael McGown

Every time you give a bank one cent of your money, you are simply short-changing yourself. They earn interest by lending your money, so why shouldn't you get a slice of that pie?