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Move Your Money Campaign

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

Jake Blumgart | Posted 06.24.2012 | Business
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.

City Looks To Move It's Money

Berkeley Patch | Emily Henry | Posted 01.25.2012 | Politics

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...

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

Don McNay | Posted 01.28.2012 | Business
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.

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

Jefferson Smith | Posted 01.04.2012 | Politics
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?"

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

The Huffington Post | Luke Johnson | Posted 12.31.2011 | Politics

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...

Sheared by the Shorts: How Short Sellers Fleece Investors

Ellen Brown | Posted 11.30.2011 | Business
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.

How To Start Your Own Bank

Huffington Post | Rebecca Harrington | Posted 04.17.2012 | Business

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...

The Hangover From America's Bailout Party (VIDEO)

Don McNay | Posted 05.25.2011 | Business
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.

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.

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.

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."

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

Don McNay | Posted 05.25.2011 | Business
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.

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...

Big Banks: Worry About Customers, Not Regulations

Rob Rubin | Posted 05.25.2011 | Business
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.

Move Your Money: What Is a Bank Reponsible For?

Tom Sgouros | Posted 05.25.2011 | Politics
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.

Alan Cumming Moves His Money

Posted 05.25.2011 | Business

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...

Help Take the Move Your Money Campaign to the Next Level

Rob Johnson | Posted 05.25.2011 | Business
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.

New York Times Does Not Understand Main Street

Don McNay | Posted 05.25.2011 | Media
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.

Bad Banks Beware

Rob Rubin | Posted 05.25.2011 | Business
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.

Mike Konczal: What are you worth to your bank?

washingtonpost.com | Mike Konczal | Posted 05.25.2011 | Business

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...

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

Don McNay | Posted 05.25.2011 | Business
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.

Bury Our Banks in Style!

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

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

Are Big Banks Safer Than Small Banks?

Richard Barrington | Posted 05.25.2011 | Business
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?

Move Our Money: Why Universities Should Join the Movement

Dan Apfel | Posted 05.25.2011 | College
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.

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

Ernest Nitzberg | Posted 05.25.2011 | Business
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.