Action on banks - what you can do
Compare, Ditch and Switch
Comparison site run by Choice, the Australian Consumers’ Association. Has led the campaign to get the big four banks to lift their game.
Move Your Money
Lists and explains ‘best-in-class’ building societies, ethical banks, banks that scored better than the Big Five, crowdfunding, peer-to-peer lending, credit unions and Community Development Finance Institutions (CDFIs). Lively blogs and campaigns. Helps you to switch. Highly recommended.
Canadian Community Reinvestment Coalition (CCRC)
A non-profit, non-partisan coalition of 100 anti-poverty, consumer, community economic development, labour and small business groups representing more than three million people that since 1996 has led the campaign for bank accountability in Canada. Works with Democracy Watch on its bank accountability campaign.
Co-op Money NZ
Industry voice for credit unions and mutual building societies. ‘Unlike the big, overseas-owned banks, profits made by credit unions and building societies are not paid to external shareholders, but put back into improving products and services for their Member-owners and the local communities they live in.’
A Smarter Choice
Finder site of the Credit Union National Association. A grassroots protest about unfair bank practices on Bank Transfer Day in 2011 prompted an estimated 610,000 people to move their accounts to a credit union or community bank.
A global network of civil-society groups tracking the operations and investments of private-sector banks... and their effect on people and the planet. Supports Global Divestment Day and a growing grassroots movement to force institutions and banks to divest from the fossil-fuel industry. One of the most vigorous and effective current actions on finance.
And here's what they've been doing in Spain...
With youth unemployment running at 50 per cent and more, young people in Spain have been among those hit most harshly by the banks – and responding most imaginatively.
How would you rob a bank?
Artist Núria Güell got expert advice by writing to Jaime Giménez Arbe, a notorious bank robber serving a 47-year prison sentence. Her master plan is a piece of political art aimed at exposing the people she believes are responsible.
flo6x8: Bankia, pulmones y branquias (bulerías) – Bankia, lungs and gills (flamenco)
You don’t need to know Spanish (though you’ll miss the lyrics) to appreciate these performers occupying the sterile lobby of a branch of Bankia, one of the banks at the heart of the crisis in Spain, with a joyous rendition of their radical art form.
This article is from
the May 2015 issue
of New Internationalist.
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