The time has come.
Being complacent is no longer an option.
Convenience is no longer a valid excuse.
It’s time to take action.
Are you upset at our current economic situation and want to do something about it?
Do you wan to support the Occupy Wall Street movement but don’t have time to camp out?
Do you not care about any of this?
Either way, you should move your money out of the big banks and put it in your local credit union. It just makes sense. The big banks don’t offer you anything that you can’t get from your local credit union. And you won’t pay anything for it. In fact you will actually make interest on them holding your money. Strange concept, the banks giving you interest on YOUR money, I know.
Why are you giving your money to large corporations when you could be giving it to a local company that YOU own and that pays YOU with its profits? Seriously, why would you?
Step 1: Find a local credit union and open an account.
Step 2: Request your new debit card and order new checks (if you still use checks)
Step 3: Re-route your direct deposit from your employer (if needed)
Step 4: If you have any bills auto-paid from your old checking account, get them set up from your new account. Or you can stop paying bills and make money while doing it.
Step 5: Close your old bank account.
When you close your old account I first recommend electronically transferring most of your money out of your old bank account directly into your credit union and leaving just a little bit in there to close out to avoid any trouble.
Also be kind and courteous to the clerk when they ask you why you are closing your account. Simply smile and tell them that you don’t need to pay them to hold your money when you don’t have to.
Then smile, walk out, and hold your head high knowing that you have made a great decision that will help support your local community and save you money. And tell your friends about it too. Spread the word. Tell them that you have joined the over 650,000 that have joined a credit union in the last month (which is more than all of 2010!)
Its time to make some wise decisions about how you vote with your wallet. Take action now.
If you switched to a local bank or credit union, let me know in the comments.read more