Small Banks Can Do Big Things

I want to start by saying I think "It's a Wonderful Life" is a sappy movie. But there's a George Baily move afloat, and we might be able to make a difference.

The Move Your Money movement taken the netways by storm. Not a bad idea. Tired of bailing out the big banks? Want some respect for your hard-earned money? Put some in a local bank, community bank or credit union who actually might like having you as a customer. This video from ABC news is compelling.

Much like the local food movement, the local money movement just might help local businesses get better loans and better deals on their banking. This isn't just good for those businesses, but it might be good for you big businesses out there who count on consumers and small businesses to buy your products and services.

I worked at EDS for 16 years, and so did thousands of people around the world. And even though EDS is no longer, the EDS Credit Union is still there and it's still a great deal. I'll run into folks I worked with 20 years ago, and they all say the best thing about EDS was, and still is today, the EDS Credit Union. It has helped them buy cars, homes, vacations, send their kids to school and fund their retirement.

So do something to fuel the local economy without spending a dime by moving some of your money. You just might save some money on absurd fees by finding a local banker who wants to know about you and your business.