Move Your Money Post

March 7th, 2010 by admin


Following the financial panic that gripped the US earlier this year, a grassroots group Move Your Money formed to encourage people to move their money out of “too big to fail” banks and into smaller, community-oriented financial institutions. Community banks generally avoided the reckless investments and schemes that helped cause the financial crisis.

Their website allows you to search your zip code for community banks that have IRABank ratings of B or better. We are fortunate to have five of these banks in Newburyport:

Eastern Bank
Institution for Savings
Newburyport Five Cents Savings Bank
First National Bank of Ipswich
Provident Bank

Visit the Move Your Money website for more information.

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