Move Your Money Campaign

I have been seeing a lot of articles and even on the news about some issues about the security of our money in the giant banks. It is questionable because of all the major bank bailouts. It is true that the small banks are safer because they are not hanging far up in the air with all the erroneous or careless investment because it has gotten unstoppable for them to make enormous investments.

Now, would it be reasonable that credit unions are a lot safer than banks in general as opposed to having the money laying around in big banks and eventually lose them before your very eyes. I will have to conduct a thorough study before I could say for sure the advantages or disadvantages of different financial institutions.

The Move Your Money campaign believes you should consider community banks and credit unions because:

  • They're locally owned and operated (member-owned, in the case of credit unions), investing money in your community.
  • Their deposits are insured, just like at big banks.
  • Virtually all offer online banking, and many have big networks of fee-free ATMs.

I do know though that, according to what I have seen so far that smaller community banks are safer as opposed to big international banks.To get more educated how to protect our finances in the bank please visit here.
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