after pleging to join the Move Your Money campaign, I used the research tools and found Georgia’s Own Credit Union. This is one of the largest CUs in the state and open to most metro Atlanta residents. They are also taking the lead in green financing (more on that coming up).
While Wells Fargo and Citigroup have made headlines recently for repaying the massive debts they owed to the American taxpayer, people are still frustrated about subsidizing the gambling habits of mega-banks. Yesterday’s post “Move Your Money” generated a lot of comments from readers who want to ditch their accounts with the Too Big to Fail crew.
Last week, over a pre-Christmas dinner, the two of us, along with political strategist Alexis McGill, filmmaker/author Eugene Jarecki, and Nick Penniman of the HuffPost Investigative Fund, began talking about the huge, growing chasm between the fortunes of Wall Street banks and Main Street banks, and started discussing what concrete steps individuals could take to help create a better financial system. Before long, the conversation turned practical, and with some help from friends in the world of bank analysis, a video and website were produced devoted to a simple idea: Move Your Money.