Business, economic, and political realities effecting Main Street USA. Strategy, tactics, and trends observed that effect the local balance of independence / prosperity in the backbone of the American economy - Small and Middle-Maret Business.

Thursday, December 31, 2009

Community Banks - How do they fit in the TBTF world?

Is grassroots activism the solution to getting the financial crisis behind us for good? I came across this post from Arianna Huffington on moving your banking business from the TBTF (B of A, Citi, JP Morgan / Chase, Wells Fargo) to the Community Banks and Credit Unions.

http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html

Sure the Community Banks and Credit Unions are alternatives to the TBTF for basic banking services, but is this a solution to the problem that has grown since the 1980's?

Its a start.....simplicity is the mother of invention.

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