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Move Your Money UK campaign to build a better banking system

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Written By:
Posted:
01/06/2012
Updated:
01/06/2012

A new campaign is encouraging people to move their money out of ‘too big to fail’ banks and into credit unions, building societies and ethical banks.

Move Your Money UK is a new campaign encouraging people to move their money out of ‘too big to fail’ banks and into credit unions, building societies and ethical banks. The campaign aims to help build a better banking system – one which serves the needs of ordinary households, businesses and communities whilst protecting the environment.

The campaign estimates that more than 5,000 people have moved their money over the last two months whilst thousands more are pledging online.

The unique listing includes cash ISAs offered by ethical banks, credit unions and building societies, and will help people choose an ISA that not only offers a good financial return but also puts their money to use in a socially and environmentally responsible way.

Marloes Nicholls, spokesperson for Move Your Money UK, said: “2012 is the year for alternatives to the big banks to come fore. The public is fed up with back to business as usual. Opening an ISA with a credit union, building society or ethical bank not only means you know your money is being used responsibly but can also offer you market leading returns and excellent customer service.”