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Move your money campaign in major media
Key Excerpts from Article on Website of Christian Science Monitor
Posted: January 16th, 2010
http://www.csmonitor.com/Money/new-economy/2010/0107/Want-to...
Mad about the bank bailouts? Had enough of huge bonuses and too-big-to-fail apologies? Here's one way to do something about it. Take your money out. That's right. Take your checking and savings account out of that big money-center financial institution and move it to a community bank or credit union. There's even a movement afoot to help consumers make the switch, called Move Your Money. The website offers search tools so consumers thinking about switching can type in their zip codes to find a credit union or a strong community bank nearby. Even in 2008, the latest numbers available, credit unions and community banks have seen an increase in depositors. Now "other people are taking up the call to move their money into a community bank," says Karen Tyson, senior vice president for communications at the Independent Community Bankers of America. "We can't help but be happy with that." Amber Taylor of Arlington, Va., is one of those who's actually switching. "I never thought about what bank I chose before," she says. "I don't know what huge difference this will make in the big world [but] it's one little thing that I discovered I could do."