Move Your Money Campaign

Wells Fargo and Other Megabanks Don't Care About Your Business

Jake Blumgart | Posted 04.24.2012

Read More: Move Your Money, Move Your Money Campaign, Dodd-Frank, Felix Salmon, Credit-Union-National-Association, Mike Konczal, Credit Unions, Business News
Jake Blumgart

If moving your money to a credit union won't make Bank of America or Wells Fargo small enough to fail, it is a rational consumer decision. Making the switch may not be a revolutionary act, but it will certainly make your life easier.

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City Looks To Move It's Money

Berkeley Patch | Emily Henry | Posted 01.25.2012

Read More: Wells Fargo Bank, Wells Fargo, Berkeley, City-of-Berkeley, State and Local Government, Move Your Money, Move Your Money Campaign, Municipal Finance, Move Your Money Day, Berkeley California, Politics News

The recommendation not to renew the city's contract will be addressed at the Jan. 31 council meeting, when the council will decide whether or not to s...

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Why Occupy Needs to Work With the One-and-a-Half Percenters

Don McNay | Posted 01.28.2012

Read More: McNay Settlement Group, The American Dream, 99 Percenters, Mayor Bloomberg, Wealth Without Wall Street, Move Your Money, Don McNay, Occupy Movement, Main Street, Occupy Wall Street, Move Your Money Campaign, Small Busines America, Arianna Huffington, Wall Street, Business News
Don McNay

If Americans set up their lives so that we depend less on Wall Street and Washington, both entities will notice. We will be hitting them in the place where it hurts the most: their wallet.

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Cities Can "Move Our Money" and "Keep it Local"

Jefferson Smith | Posted 01.04.2012

Read More: Occupy Wall Street, Move Your Money, Portland Oregon, Move Your Money Campaign, Main Street, #Occupywallstreet, Credit Unions, Oregon, Politics News
Jefferson Smith

As thousands and thousands protest Wall Street and 99% of Americans face a challenging economy, many of us have been asking ourselves, "What locally can we do to help?"

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Bank Of America Retreating From Debit Card Fee, Reformer Keeps Pressure On

The Huffington Post | Luke Johnson | Posted 12.31.2011

Read More: Consumer Banking, Checking Account, Swipe Fee, Chase, Wells Fargo, Move Your Money, Bank of America, Bofa, Brad Miller Bank of America, Bank of America Debit Card Fee, Video, Move Your Money Campaign, Swipe Fees, Banking Reform, Debit Cards, Bank of America Debit Card, Brad Miller Banks, Debit Card Fees, Brad Miller, Politics News

Bank of America is reportedly scaling back its plans to charge a $5 debit card fee to its customers, but Rep. Brad Miller (D-N.C.) is still pushing le...

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Sheared by the Shorts: How Short Sellers Fleece Investors

Ellen Brown | Posted 11.30.2011

Read More: Stock Market Crisis, Bear Raids, Lehman Brothers Bankruptcy, Naked Short Selling, Short Selling, Gold and Silver Stocks, Dow Jones, Robert Simpson, Securities Act of 1933, Move Your Money Campaign, Wall Street, Jim Puplava, Business News
Ellen Brown

Why did gold and silver stocks just get hammered, at a time when commodities are considered a safe haven against global uncertainty? The answer is that the sector has been the target of massive short selling.

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How To Start Your Own Bank

Huffington Post | Rebecca Harrington | Posted 04.17.2012

Read More: Banking, Move Your Money, Start Your Own Bank, Move Your Money Campaign, Small Business, Online Banking, Finance, Personal Finance, Business News

Starting a bank sounds like an impossible Gilded Age enterprise; more befitting of a Rockefeller than today's small business owner. But it's not as im...

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The Hangover From America's Bailout Party (VIDEO)

Don McNay | Posted 05.25.2011

Read More: Treasury Department, Congress, 12 Steps, Too Big to Fail, Bailouts, Move Your Money, Hangover, Main Street, Aig, Animal House, Pension Plans, Counterparties, Credit Cards, Aa, Structured Settlements, Goldman Sachs, Unemployment, Wall Street, Maria Bartiromo, The Weekend That Changed Wall Street, Son of a Son of a Gambler, Banks, Henry Paulson, George W Bush, Subprime, Wall Street Bonuses, Personal Finance, Lexington KY, Move Your Money Campaign, American College, Lottery Winners, Richmond Kentucky, Don McNay, What to Do When You Win the Lottery, Vanderbilt University, Eastern Kentucky University, Business News
Don McNay

For a decade, Wall Street was playing funny money games, and many Americans also felt like they were invited to the celebration. We were living in fantasy land, but the fantasy is over and we woke up to a nightmare.

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

Don McNay | Posted 05.25.2011

Read More: Kentucky Guardianship Administrators, Bailouts, Network, Lexington Kentucky, Cancer, McNay Settlement Group, Entrepreneurship, Citigroup, Richmond Kentucky, Lost Decade, Elvis Presley, Japan, Clu, Washington Lobbyists, Million Dollar Round Table, Banks, Ben Bernanke, Arianna Huffington, Alan Greenspan, Huffington Post, Peter Finch, Heart Attack, Credit Unions, Small Business, Community Banks, Federal Reserve Board, Washington, The Big Short, Main Street, Big Corporations, Bank of America, Unemployment, Elvis, Low Interest Rates, Fed, Federal Reserve, Private Sector, Move Your Money Campaign, Move Your Money, American College, Personal Finance, Msfs, Structured Settlement, Chfc, Car Loans, Wells Fargo, Tom Peters, Pensions, Kentucky, Don McNay, Kentucky Rain, Recession, Charities, Credit Cards, Wall Street, John Paulson, Vanderbilt University, Underemployment, Eastern Kentucky University, Double Dip Recession, Cssc, Too Big to Fail, Mad as Hell, Business News
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.

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Money and the Magic Pill

Don McNay | Posted 05.25.2011

Read More: Kentucky Guardianship Administrators, Community Banks, Medical Professionals, Bailouts, Millonaire Next Door, Diet, Magic Pill, Lexington KY, Richmond Ky, Move Your Money Campaign, Budgets, Wall Street, Lottery Winners, Personal Finance, McNay Settlement Group, Msfs, Lotteries, Dr. Thomas Stanley, Good Time Charlie's Got the Blues, Chfc, Healthy Lifestyle, Too Big to Fail Banks, Move Your Money, Kentucky, Don McNay, Vanderbilt Universtiy, Main Street, Structured Settlements, Clu, Dave Ramsey, Credit Cards, Wall Street Bailouts, Suzi Orman, Eastern Kentucky University, Get Rich Quickly, Banks, Million Dollar Round Table, Certified Structured Settlement Consultant, Doctors, Cssc, Jefferson Airplane, Credit Unions, Business News
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.

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Was "Financial Reform" Really Robin Hood In Reverse?

Don McNay | Posted 05.25.2011

Read More: President Obama, Liqour Stores, Community Banks, Bailouts, Jamie Dimon, Robin Hood, What to Do When You Win the Lottery, Paul Volcker, Lawrence Summers, Wal-Mart, Reverse Robin Hood, Gary Rivlin, Harvard, Lexington KY, Broke USA, Richmond Ky, Citibank, Move Your Money Campaign, George Bailey, Wall Street, Dr Lawrene Summers, McNay Settlement Group, JP Morgan Chase, Msfs, Its a Wonderful Life, Payday Lending, Citigroup, Bill Clinton, Lottery, Mcnay, Chfc, Financial Reform, Move Your Money, Kentucky, Don McNay, Barack Obama, Checking Account Fees, Main Street, Clu, Structured Settlements, Financial Reform Bill, Credit Cards, Poverty Industry, Wall Street Bailouts, Vanderbilt University, Casino, Million Dollar Round Table, Eastern Kentucky University, Son of a Son of a Gambler, Banks, Gram Parsons, Glass-Steagall Act, Certified Structured Settlement Consultant, Arianna Huffington, Cssc, Huffington Post, Too Big to Fail, Credit Unions, Business News
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."

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Citi Field: Baseball's Symbol of Why You Should Move Your Money

Don McNay | Posted 05.25.2011

Read More: Howard Kurtz, Kentucky Guardianship Administrators, Community Banks, Bailouts, Citi Field, MCI Center, Cincinnati, donmcnay.com, Baltimore Colts, Ticket to Ride, Balitmore Ravens, Alan Stein, Goldman Sachs, Enron Field, Reliable Sources, Mike Wilbon, Move Your Money Campaign, Houston, American College, Wall Street, Stadium Financing, Lottery Winners, Lexington, McNay Settlement Group, Msfs, moveyourmoney.info, Baseball, Chfc, Enron, Cleveland Browns, Cincinnati Reds, Move Your Money, Don McNay, Lexington Legends, Congress, New York Mets, New York City, What to Do When You Win the Lottery, Clu, Indianapolis Colts, Cnn, Wall Street Bailouts, Verizon Center, Espn, LeBron James, Vanderbilt University, PSI Net, The Beatles, Million Dollar Round Table, Son of a Son of a Gambler, Eastern Kentucky University, Banks, Arianna Huffington, Personal Finance, Cssc, Huffington Post, Kentucky Community Banks, Too Big to Fail, Citigroup, Mlb, All Star Game, Sports, MLB All Star Game, Business News
Don McNay

Houston was able to find a stadium sponsor to replace Enron. A city as big as New York should be able to find a sponsor for the Mets' field that is not funded by the American taxpayers.

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

Huff TV | Posted 05.25.2011

Read More: John King USA, Community Banks, Move Your Money, Arianna, Move Your Money Campaign, Huffington Move Your Money, Big Banks, Arianna Huffington, Jessica Yellin, Credit Unions, Business News
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...

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Big Banks: Worry About Customers, Not Regulations

Rob Rubin | Posted 05.25.2011

Read More: Small Business, Community Banks, Move Your Money, Move Your Money Campaign, Big Banks, Business News
Rob Rubin

Big banks might win some of the regulation battles and figure out how to protect their fee revenue in the short-term, but they're losing the war for customers. Eventually, customer-attrition will force them to change or perish.

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Move Your Money: What Is a Bank Reponsible For?

Tom Sgouros | Posted 05.25.2011

Read More: Kevin Boyce, David Segal, Richard Alarcon, Move Your Money, Move Your Money Campaign, Rhode Island, Well Fargo, Tim Cahill, Citigroup, Politics News
Tom Sgouros

I propose that we put our money in institutions with a good record of local lending, and who treat their customers well by not charging outrageous fees or usurious credit card interest rates.

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Alan Cumming Moves His Money

Posted 05.25.2011

Read More: Move Your Money, Goldman Sachs, Banks, Move Your Money Campaign, Alan Cumming, Business News

The financial crisis has encouraged many people to join the Move Your Money campaign and bank at local community banks and credit unions instead of ma...

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Help Take the Move Your Money Campaign to the Next Level

Rob Johnson | Posted 05.25.2011

Read More: Move Your Money, Move Your Money Campaign, Huffington Move Your Money, Business News
Rob Johnson

In the short time since the Move Your Money project started, we've seen the movement grow beyond anything we ever anticipated. Now we're asking for your help to take it to the next level.

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New York Times Does Not Understand Main Street

Don McNay | Posted 05.25.2011

Read More: Douglastown NY, Kentucky Guardianship Administrators, Senate Minority Leader, Bailouts, Queens Ny, Counterparties, Dartmouth, Roger Ailes, Arianna Huffington, Bee Gees, Richmond Ky, Andrew Ross Sorkin, David Herszenhorn, McNay Settlement Group, New York Times Editors, Thomas Friedman, Bp, Time Magazine, Books, Washington Elites, Too Big to Fail, Michael Lewis, Joe Nocera, Fox Business News, Main Street Media, Clu, Louisville, Million Dollar Round Table, Banks, Ben Bernanke, Lyndon Johnson, mcnay.com, Senator Mitch McConnell, New Orleans, Institute for Rural Journalism and Community Issues, Mitch McConnell, President Obama, The Big Short, Main Street, donmcnay.com, Flushing, Msnbc, Oil Spill, ProCon.Org, Move Your Money Campaign, American College, Personal Finance, Lexington, Greed, Msfs, Louisiana, Chfc, Move Your Money, Kentucky, British Petroleum, Queens, Don McNay, Cnn, Wall Street, Wall Street Bailouts, Vanderbilt University, New York Elites, Eastern Kentucky University, New York Times, Fox News, University of Kentucky, Cssc, Rural Blog, Media News
Don McNay

Reporting that Main Street was complicit in the financial meltdown is like blaming a murder victim for being in the wrong place at the wrong time.

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Bad Banks Beware

Rob Rubin | Posted 05.25.2011

Read More: Move Your Money, Move Your Money Campaign, Huffington Move Your Money, Business News
Rob Rubin

Banks actually want lazy customers. When they invent new fees, they determine how many customers will be upset enough to switch. Unfortunately for us, it's so difficult to switch banks the math has always worked in their favor.

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Mike Konczal: What are you worth to your bank?

washingtonpost.com | Mike Konczal | Posted 05.25.2011

Read More: Bank Fees, Economy, Move Your Money, Commerical Bank Fees, Move Your Money Campaign, Bank Simple, Commerical Banks, Mike Konczal, Business News

The Roosevelt Institute's Mike Konczal writes about trying to figure out how much a customer is worth to a commercial bank: "There's whatever you pay...

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Today Is the Day to Cut Up Your Credit Cards (VIDEO)

Don McNay | Posted 05.25.2011

Read More: Capital One, Banking Collapse, Cash Back Offers, Bailout, American College, Andrew Kahr, Banking Products, Ben Bernanke, A Piece of the Action, Winner Take All, The Fed, Bank of America, First Deposit, Christina Binkley, Richmond Ky, Maria Bartiromo, Move Your Money Campaign, Lexington, JP Morgan Chase, Citigroup, Casino-Reward-Cards, Harrahs, Federal Reserve Study of Consumer Finance, Rewards Card, Move Your Money, Kentucky, Don McNay, Joe Nocera, Las Vegas, Dave Ramsey, Credit Cards, JP Morgan, Louisville, Providian, Business News
Don McNay

It never ceases to amaze me how many people think they are smarter than the credit card game. It reminds me of people who are trying to outfox casinos.

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Bury Our Banks in Style!

Iris Mack | Posted 05.25.2011

Read More: New Orleans, Finance Bloggers, Dr. Paul Wilmott, Bank Failures, TSTB Banks, Sweet Freedom, Bank Regulations, Too Big to Fail, Move Your Money Campaign, TBTF Banks, Larry Summers, Repealed, Wall Street Journal, Jazz Funerals, Fdic, Jazz, Financial TImes, Too Small to Bailout, Glass-Steagall Act, Secondline Dance, Bob Rubin, Finance, Correct Predictions, Economy, CQF Blog, Trading, London, Dr. Emanuel Derman, Dr. Satyajit Das, Certificate of Quantitative Finance Programme, Financial Engineering, Derivatives, Dr. Nassim Taleb, Cqf, Global Economic Recession, The Warning, Pbs, Brooksley Born, Consumer Finance Protection, Casinos, Congress, Frontline, wilmott.com, cqf.com, Business News
Iris Mack

How can we bury the Too Small To Bailout banks in style? Here are a few suggestions.

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Are Big Banks Safer Than Small Banks?

Richard Barrington | Posted 05.25.2011

Read More: Financial Crisis, Move Your Money, Big Banks, Economic Crisis, Move Your Money Campaign, Business News
Richard Barrington

The financial crisis and its string of bank failures has led many to question the safety of their banking institutions. If you're choosing a bank, are you better off looking for a big bank, or a smaller one?

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Move Our Money: Why Universities Should Join the Movement

Dan Apfel | Posted 05.25.2011

Read More: Move Your Money, Move Your Money Campaign, Mym, Local Banks, Too Big to Fail, Credit Union, College News
Dan Apfel

You know where you keep your money, but where do the institutions where you go to school, work and live keep their money? Most of them have accounts with one or more of the major banks.

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The $6200 Insult: How Chase Manhattan Convinced Me to Finally Move My Money

Ernest Nitzberg | Posted 05.25.2011

Read More: Community Banks, Identity Theft, Move Your Money, Move Your Money Campaign, Big Banks, Small Banks, Business News
Ernest Nitzberg

For those too lazy to change banks, I too say now is the time. It cost $6200 from my retirement fund for me to realize it's time to move my money.

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