POLL: Please Respond Even If You Haven't Already Moved Your Money

[snot]

So that's the question: If your money was in a big bank as of, say, 2008, have you moved it into a credit union yet?

(And if you don't plan to, pls explain in a reply -- thanks!)

12 votes, 0 passes | Time left: Unlimited
	No, and I don't plan to.
	3 (25%)
	Not yet; I've been too busy.
	0 (0%)
	Not yet; I haven't yet figured out where to move it.
	0 (0%)
	Yes, I moved it after the recent revelations about JPMorgan's speculative losses.
	0 (0%)
	Yes, I moved it after realizing that the repeal of Glass-Steagall puts my deposits at risk.
	0 (0%)
	Yes, I moved it after the big banks cut off donations to Wikileaks.
	0 (0%)
	Yes, I moved it after the 2008 meltdown.
	5 (42%)
	Other (please reply to explain).
	4 (33%)
	0 DU members did not wish to select any of the options provided.
Show usernames Disclaimer: This is an Internet poll

[seabeyond]

1. no, ours is a local bank. nt

[snot]

2. I think that's good, too.

Although I do like the concept of user-owned.

[seabeyond]

10. ya. we know the top dog and he takes care of us. a very well run bank. there are two

competitive local in town. i am just thrilled that hubby finally got pissed at the other, and i was able to move the accounts to this one. actually, it was the man that we followed over. the other local is all repug, greedy, imo dishonest and pissed me off regularly.

[GreenPartyVoter]

26. Same here. It's a statewide, not nationwide or international, one.

[TBF]

3. Haven't moved the household account because it's too convenient BUT

moved our main savings and another smaller checking to a small local bank that we love. Also have a smaller savings at a credit union. I haven't moved that household checking because the ATMs are convenient etc ... but I'm not ruling it out.

[Xyzse]

4. I couldn't figure out which credit union I qualify with.

So sadly, no I haven't figured it out yet.

[TBF]

7. It depends upon where you live

but sometimes you can find local ones that allow everyone in the community to join. Good luck!

[Xyzse]

13. Yeah

That's the problem.
Haven't found one. There are sites that help out to see where you qualify but, I haven't found one that would take me.

[Flashmann]

5. Yes, I moved it after the 2008 meltdown.

No regrets...

[stevenleser]

6. Want to do it, plan to do it, it's just such a pain.

Might not get around to doing it.

[progressivebydesign]

8. I moved it to a credit union, but have to keep a corporate bank account for now.

for convenience moving to another area.. Once I'm there, I'll get back into another credit union locally.

I have key bank now, and they do operate their branches like community banks, though. They will call you from the branch if there is anything weird going on, or if you need to get a deposit in. But yeah.. they still are corporate vampires.

[rox63]

9. I've been with a credit union for about a decade now

But it didn't have anything to do with any of the reasons listed above.

[yesphan]

11. Been with my CU

for over 20 years now.

[mike_c]

12. moved to a member owned credit union in 2000 or so....

Best banking service I've ever gotten.

[hollysmom]

14. No

I have money tied up in long term CDs that are still giving 5%
The only credit union I belong to has privatized after they closed down the plant.
I do bank at a small local bank and a medium sized county wide bank as well as 2 local banks that have been purchased by huge banks. I started out fine, they just changed hands, not my fault.

[FirstLight]

15. I'm sorry, what?

I can't even afford to keep a bank account OPEN, much less move my money...because your question assumes I *have* it.

Sorry, but this is a big reality for many and I think it needs to be counted as a percentage of your poll.
**How many Duers are without any property or assets?**

the only things of value I have are my car and computer...in fact the Tv just blew this weekend, but that doesn't matter since we cant afford cable anyhow...and that TV was given to us when the neighbors across the street got foreclosed on and needed to 'lighten their truckload'

So ya, no bank account, not since Oct of last year, just couldn't keep enough in the account to defray the fees, and all it would take was ONE thing being returned and a whole domino effect would create a $100 hole at the beginning of EVERY month. So I have a coffee can and a shovel for when I need to start 'stashing money' ...like that is ever gonna happen

[firehorse]

16. the business account is in a credit union, but personal is still in an unmentionable

I like my credit union but it still set up like its 1972. One teller, long lines, not very many atms. So every 2 weeks, I go stand in line, read the paper for 20 minutes even if only 2 people are in front of me, and suck it up.

My personal is still at one of the big banks. ATM is convenient, and I feel safer buying online with their debit card, no lines.

[Phentex]

18. Opposite here, but I hope to change it...

the bank is just too darn convenient for the business account.

[HopeHoops]

17. WHAT money?

[MariaM83]

20. hahahaha

[HopeHoops]

29. Seriously, that wasn't intended to be funny.

[Tracer]

19. I use two banks.

One, a local bank for my checking account and

Two, a branch of a big bank for my business account.

The BBB (big branch bank) planned to charge a whopping $25/mo service fee on my business checking account. I complained about that to the BBB manager and not only did they waive that fee, but eliminated ANY fees on my account.

[MariaM83]

21. I want to but not sure where to move to

I like the idea and have tried to get others to move to credit unions.
But in my area, the offerings don't seem to be as convenient or useful as the bank I'm with.

However, even that bank isn't one of the worst offenders. I vowed never to go back to the Chase's, HSBC's etc a few years ago.

[coalition_unwilling]

22. No money left to move - n/t

[ananda]

23. So happy with my CU.

It took me two or three years to get completely out of Chase,
and I'm very happy.

My reason for leaving Chase was Chase's business practices
and complete disdain for me as a customer. First, they
charged me a fee for something that wasn't my fault and
wouldn't return it. And then they didn't even care if I left.

I guess my accounts were just chump change to them.

[Greybnk48]

24. And our car loans and mortgage.

We are no longer with a bank in any way.

[Blue_In_AK]

25. Our IRAs are with Wells-Fargo,

but all our regular banking is done through a credit union and has been for decades.

[annabanana]

27. I moved most of it. There are reasons why I need the fluidity

between accounts that only the big banks offer. The very instant my life simplifies we are outta there.

[MindMover]

28. I have been in a credit union for over 25 years.......

[Johonny]

30. I moved part of it to a CU

and kept part in a bank closer to home and more convenient for the safety deposit box etc...

[kentauros]

31. My money has been in credit unions since 1987!

Started with Johsnon Space Center Federal Credit Union, then went to Cameron Credit Union, and they've changed names three times in the last fifteen years. Still the same CU, though, and that's all that matters

[snot]

32. Thanks for your answers, everyone!

Moving our money could have a real impact; at least it feels more effective to me than writing letters to my extreme R-wing gov'l representatives. PLUS, my credit union does give me a much better deal on everything, and much better, more personal service, than my old big bank used to.

[GoneOffShore]

33. Daily stuff has been in a credit union since 1989

Small philly bank for our business.

Soon to move to a credit union.

[ChazII]

34. I have always kept

it in our local credit union.