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switching accounts

I’m going to take my money and…

There’s a lot of interest and discussion in the US for individuals making their feelings known to ‘the big banks’ about what they’ve done to the economy (not only here but also abroad). And one of the most popular appears to be people closing their accounts with the ‘too big to fail/we gave them bailout money’ banks and moving their money to either a locally owned bank or a credit union. And if you want to know who the so-called big banks are, the list is here: Solari Tapeworm 20

But, how do you know if a bank is ‘locally owned’? And can you join any credit union you want to? (more…)

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