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Credit Unions

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 moveyourmoney.info, 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?

New Mexico House Votes 65-0 To Move State's Money To Credit Unions, Community Banks

Posted 05.25.2011 | Politics

New Mexico's House of Representatives voted Monday to pass a bill that allows the state to move $2 billion - $5 billion of state funds to credit union...

Measuring the Move: $20 Million and Counting

Jamie Chase | Posted 05.25.2011 | Business
Jamie Chase

Healthy pride feeds our desire to create our own solutions -- and to send a strong message to mega-banks that we won't be their prey. That's why credit unions are a logical move.

Big Bank, Little Woman

Jennifer Ketcham | Posted 05.25.2011 | Los Angeles
Jennifer Ketcham

My identity and savings have been stolen, and Chase will not right what has been wronged. Do we give a big bank a second chance as we would an adulterous partner? I will take my money elsewhere.

Julian Hattem

Move Your Money: Where Populist Fervor Meets Friendly Faces

HuffingtonPost.com | Julian Hattem | Posted 05.25.2011 | Business

Huge bonuses to bank executives, casino-style financial practices and millions of unreturned stimulus dollars have made many consumers angry at the na...

Geithner On Move Your Money: Not A Good Idea (VIDEO)

Posted 05.25.2011 | Business

Treasury Secretary Timothy Geithner does not think that Move Your Money is a good idea. Geithner addressed the campaign against too-big-to-fail ba...

New York City Moves the Money

Amy Traub | Posted 05.25.2011 | New York
Amy Traub

Is New York City climbing on board with the Move Your Money movement? Mayor Bloomberg announced the city would seek to deposit $25 million in tax dollars in neighborhood credit unions.