I hear stories of more and more people wanting to take their money out of corrupt, greedy and law-breaking big banks, and invest their funds into their local communities. However, it still seems that many well-intentioned people are not taking action, and for a long time I was one of them! I recently wrote on my own personal decision to leave Bank of America and move my money to a credit union. Before I decided to do this, I had many doubts, usually focused around hassle of switching, convenience, and the time to research another option.
Having gone through the entire process, I thought it would be helpful to outline in detail how to go about moving your money BACK into your community. It’s not as hard as you think, but it does take some time and planning (just like most other things that are worth doing and worth having!). Continue reading