Big Banks

USA Today reported on credit union boom in On Deadline, Friday edition

On the eve of "Bank Transfer Day," the grass-roots backlash against higher fees, U.S. credit unions say they have added more than 650,000 members and $4.5 billion in new deposits in the past month. That's 50,000 more new accounts than for all of 2010 according to USA Today report.

Move Your Money: Can North Carolina do what New Mexico is doing?

Here is a story about how New Mexico is considering moving its state funds to smaller local banks, away from the big four banks. This is part of a larger campaign to get folks to MOVE THEIR MONEY - initiated by Ariana Huffington and some economists.

To strengthen the little banks that are actually lending to small business and home buyers, and put pressure on the big four to be better citizens with better treatment of their customers. Could this happen in our state? Read it here.

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