Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Comedian Maher on Move Your Money bandwagon
LOS ANGELES (1/15/10)--Comedian Bill Maher, saying consumers are stuck in "an abusive relationship" with their banks, has jumped on the "Move Your Money" bandwagon started by Huffington Post last week. The campaign urges consumers to move their money from big banks to credit unions and community banks. Maher's article, "Stop the Abuse: It's Time to Break Up With Your Big Bank," on gather.com notes that the "too big to fail" banks are convinced "they can get away with anything--because they always have." But, he says, consumers "don't have to put up with this nonsense." He suggested moving money "out of these big banks and put them into smaller, local, community banks and credit unions that are more likely to see you as a person, not as an account number...and also to reinvest in the community where they are." The article and a video are also posted on the Huffington Post website. Last week the Post's "Move Your Money" campaign included an article by Credit Union National Association President/CEO Dan Mica and also a link to CUNA's credit union locator at creditunion.coop (News Now Jan. 8). To read Maher's item, use the link.
Other Resources

RSS print
News Now LiveWire
Worldwide #creditunion growth: Nearly 57K CUs now serve 208M members #NewsNow http://t.co/vrSv3Gvp7X
19 minutes ago
July issue of @TheNCUA Report is now available at: http://t.co/UD8EP3vr2E.
2 hours ago
The Hill reports frmr Rep. Barney Frank will defend Dodd-Frank Act tomorrow at House Fin Serv hearing on impact 4 yrs after enactment.
2 hours ago
.@pressrepublican lauds @DannemoraFCU for shred fest: 'truly important in this era of identity theft' http://t.co/hnJUBO1iSR
2 hours ago
Consumers stashing #cash in checking accounts: Moebs #NewsNow http://t.co/WPaPkzHufK
3 hours ago