mellowtigger: (Default)
mellowtigger ([personal profile] mellowtigger) wrote2010-01-08 10:41 am
Entry tags:

moving my money

The "Move Your Money" effort has now been covered on MSNBC and the Christian Science Monitor.
http://www.msnbc.msn.com/id/3036677//vp/34758640#34758640
http://www.csmonitor.com/Money/new-economy/2010/0107/Want-to-protest-bank-bailouts-Move-your-money-a-new-campaign-urges


I haven't moved mine yet, but I have been checking things out.

I very much like that Franklin Bank has "Social Responsibility" as one of its main sections on its webpage.  Unfortunately, its locations are not entirely convenient to me.  I'd have to go to downtown Minneapolis.
http://www.franklinbankmpls.com/socially-responsible.asp

Very nearby (within walking distance) is a credit union for people here in Anoka county.
https://www.financialonecu.com/

The only reason I hesitate leaving Wells Fargo is because of their outreach to the GLBT community.  Even here in the Twin Cities, I saw more than one advertisement from them in our local magazine this week.  Still, though, the list of gay-friendly workplaces includes a lot of very familiar (and infamous) names.  I shouldn't condone their harmful practices while congratulating their helpful ones, maybe?
http://www.gayfriendlycompanies.info/content/view/19/26/

I wish Franklin Bank had a branch in north Minneapolis.  My choice would be easy.  I could have my banking convenience and my social responsibility all in one place.
ext_173199: (Consumer Whore)

[identity profile] furr-a-bruin.livejournal.com 2010-01-08 04:50 pm (UTC)(link)
I hear you; I'm with Wells Fargo too, and while they have done some things I don't like... they're also not as big an offender (from what I've heard) as Citi and some others. Since they've got my credit card and investment account it would be a HU-U-U-UGE hassle for me to change....

[identity profile] fingertrouble.livejournal.com 2010-01-08 05:17 pm (UTC)(link)
I wish they had a UK site...not sure what the same thing as a credit union or small bank is here...and also I don't think we have the same guarantees if Northern Rock or BCCI was anything to go by.

I'd like to move to a community bank though...the convenience would be an issue for me though, if I can't get at my money out of hours that wouldn't be a goer for me.

[identity profile] bluebear2.livejournal.com 2010-01-08 05:19 pm (UTC)(link)
Some people thought I was a bit odd when I went with the VanCity credit union instead of one of the huge Canadian banks but I've been treated so badly by some of them and credit unions were always nice to me.
Now they understand after seeing what went down in the States.
VanCity is pretty gay friendly too. They've had ad campaigns targeted at gays and lesbians for over ten years now.

[identity profile] fingertrouble.livejournal.com 2010-01-08 05:19 pm (UTC)(link)
Also I will possibly come into money this year - I like the irony of saddling HSBC/Santander (I joined when they were Midland and a decent local UK bank!) with years of my debt, but not benefitting them by settling up and then giving someone decent my money. :-D