Move money out of big banks and into local banks or credit unions
Some people here in Boulder, Colorado are trying to get the city to take its money out of JP Morgan Stanley, claiming that immoral or unethical acts by that bank harm people and society. Good banks and credit unions invest and loan locally. They avoid laundering money, screwing customers, and investing in polluting and damaging companies. There are similar socially responsible mutual funds and companies.
Learn more:
- Ethical banking – Wikipedia
- Green America’s Guide to Socially Responsible Investing: Choosing a Bank that Makes a Difference
- Global Alliance – For Banking on Values ~ Socially Responsible and Green Banks as a Vehicle for Socio-economic Development and Change
Posted on September 11, 2014
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