Comments on: The upside of the Move Your Money campaign http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/ A slice of lime in the soda Wed, 22 May 2013 21:18:32 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: zylstra http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-16115 zylstra Wed, 23 Jun 2010 18:52:05 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-16115 "I’m employed by a TBTF bank, so it would not be in my best interest to bank elsewhere." Haha, yeah and if you were employed by Hitler it would be in your best interest to continue incinerating Jews. “I’m employed by a TBTF bank, so it would not be in my best interest to bank elsewhere.”
Haha, yeah and if you were employed by Hitler it would be in your best interest to continue incinerating Jews.

]]> By: JenC http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-11112 JenC Wed, 13 Jan 2010 19:13:44 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-11112 If you are interested in keeping your money in your community, look into a credit union when you move your money out of the big banks. As nonprofit institutions, credit unions are champions of their members' needs and give back through lower fees, higher dividends and lower loan rates, and community service. Plus, most credit unions offer the full range of services you need for personal and business banking. If you are interested in keeping your money in your community, look into a credit union when you move your money out of the big banks. As nonprofit institutions, credit unions are champions of their members’ needs and give back through lower fees, higher dividends and lower loan rates, and community service. Plus, most credit unions offer the full range of services you need for personal and business banking.

]]> By: Shantyhag http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-11050 Shantyhag Mon, 11 Jan 2010 22:50:48 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-11050 We've used a credit union for personal banking since my Taft-Hartley admission to my union gave me access. They know my name and never treat me like a pariah when I have a question or concern. It may seem a small thing, but I closed my small business B of A account when they began to charge my employees for cashing their paychecks. When I write a check, I expect it to be treated as a bearer document... not a chance to fleece the people who work for me for a point or two of their income. Do they charge other banks 5 bucks off of every check? If it's not criminal extortion, it should be; and aren't the betrayal of American ideals not ensconced in the relationship defined by B of A's treatment of their customer's employees? We’ve used a credit union for personal banking since my Taft-Hartley admission to my union gave me access. They know my name and never treat me like a pariah when I have a question or concern.

It may seem a small thing, but I closed my small business B of A account when they began to charge my employees for cashing their paychecks. When I write a check, I expect it to be treated as a bearer document… not a chance to fleece the people who work for me for a point or two of their income. Do they charge other banks 5 bucks off of every check? If it’s not criminal extortion, it should be; and aren’t the betrayal of American ideals not ensconced in the relationship defined by B of A’s treatment of their customer’s employees?

]]> By: kfreed http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-11044 kfreed Mon, 11 Jan 2010 21:33:32 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-11044 "Bottom line is that people ought to pick banks that suit their interests, not some larger societal goal." Please... the larger societal goal IS in our interest. Individuals and small businesses are fed up with being used and abused by the bailed out mega-banks who treat them like commodities, steal them blind, and then recieve a tax-payer bailout in order to continue doing same. Local banks and credit unions treat their customers like human beings. If nothing else, I sleep well knowing that my money is with with a credit union where the greedy buggers can't get at it. Balk now, thank Huff Po later. Move Your Money! And thanks for this article. Pass it on... “Bottom line is that people ought to pick banks that suit their interests, not some larger societal goal.”

Please… the larger societal goal IS in our interest. Individuals and small businesses are fed up with being used and abused by the bailed out mega-banks who treat them like commodities, steal them blind, and then recieve a tax-payer bailout in order to continue doing same. Local banks and credit unions treat their customers like human beings. If nothing else, I sleep well knowing that my money is with with a credit union where the greedy buggers can’t get at it.

Balk now, thank Huff Po later. Move Your Money!

And thanks for this article. Pass it on…

]]> By: killben http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-11023 killben Mon, 11 Jan 2010 06:54:58 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-11023 If you want a movement to STICK IT TO THE BIG BANKS ... Just start a "WALK AWAY IF YOU CAN! WALK AWAY WHILE YOU CAN" Movement and see what happens to the BIG BANKS.... I sure would like to watch this show ... If you want a movement to STICK IT TO THE BIG BANKS …

Just start a “WALK AWAY IF YOU CAN! WALK AWAY WHILE YOU CAN” Movement and see what happens to the BIG BANKS….

I sure would like to watch this show …

]]> By: bikebrainiac http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-11021 bikebrainiac Mon, 11 Jan 2010 03:23:41 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-11021 Kloughton, perfect! I dumped my TBTF bank 4 years ago and went with my local credit union. Haven't looked back, I get better interst rates, better credit card and loan terms and outstanding customer service. I feel good about where I bank and feel good about what they give back to the community. Kantrow and the other naysayers want consumers to believe they do not have a choice and that it makes little difference where you bank. It does make a difference, bank someplaces that wants and appreicates your business and actually demonstrates that with actions, not words. Find out what your bank pays it executives, what it gives back to the community, what it will charge you for its services. Educate yourself and make an informed choice, you will not look back either once you dump your TBTF bank that does not give a rats a** about you. Kloughton, perfect!
I dumped my TBTF bank 4 years ago and went with my local credit union. Haven’t looked back, I get better interst rates, better credit card and loan terms and outstanding customer service.
I feel good about where I bank and feel good about what they give back to the community.
Kantrow and the other naysayers want consumers to believe they do not have a choice and that it makes little difference where you bank.
It does make a difference, bank someplaces that wants and appreicates your business and actually demonstrates that with actions, not words.
Find out what your bank pays it executives, what it gives back to the community, what it will charge you for its services. Educate yourself and make an informed choice, you will not look back either once you dump your TBTF bank that does not give a rats a** about you.

]]> By: klhoughton http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-11011 klhoughton Sat, 09 Jan 2010 18:51:43 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-11011 "The notion that small banks are good and big banks are bad is a delightful fantasy..." ...that happens to be supported by the evidence. (http://delong.typepad.com/sdj/2010/01/ten-economics-pieces-worth-readings-january-4-2009.html; see my graphic at #3) “The notion that small banks are good and big banks are bad is a delightful fantasy…”

…that happens to be supported by the evidence. (http://delong.typepad.com/sdj/2010/01/t en-economics-pieces-worth-readings-janua ry-4-2009.html; see my graphic at #3)

]]> By: RobSterling http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-11001 RobSterling Sat, 09 Jan 2010 00:04:30 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-11001 Bottom line is that people ought to pick banks that suit their interests, not some larger societal goal. You could slide the GDP of France under the "making the world a better place" limbo bar. Bottom line is that people ought to pick banks that suit their interests, not some larger societal goal. You could slide the GDP of France under the “making the world a better place” limbo bar.

]]> By: drewbie http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-10996 drewbie Fri, 08 Jan 2010 21:42:28 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-10996 I'm employed by a TBTF bank, so it would not be in my best interest to bank elsewhere. I’m employed by a TBTF bank, so it would not be in my best interest to bank elsewhere.

]]> By: q_is_too_short http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-10984 q_is_too_short Fri, 08 Jan 2010 19:31:37 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-10984 so then shouldn't we do our banking in community banks in poor neighborhoods? so then shouldn’t we do our banking in community banks in poor neighborhoods?

]]> By: RobSterling http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/comment-page-1/#comment-10983 RobSterling Fri, 08 Jan 2010 19:19:36 +0000 http://blogs.reuters.com/felix-salmon/2010/01/08/the-upside-of-the-move-your-money-campaign/#comment-10983 The notion that small banks are good and big banks are bad is a delightful fantasy, tailor-made for simpleminded leftist bumper sticker sloganeering: "Think globally, bank locally." There are valid reasons for people to choose different sizes and classes of institutions; hopping on board that megalomaniac's latest campaign to draw attention to herself shouldn't be one of them. The notion that small banks are good and big banks are bad is a delightful fantasy, tailor-made for simpleminded leftist bumper sticker sloganeering: “Think globally, bank locally.” There are valid reasons for people to choose different sizes and classes of institutions; hopping on board that megalomaniac’s latest campaign to draw attention to herself shouldn’t be one of them.

]]>