Downsize your bank

Is your bank too big to fail? If it is, then when it does fail, it will get a taxpayer bailout, and we'll all end up paying for it.

If you have an account at one of these gargantuan banks, consider closing it and opening one at a local credit union or co-op bank. You'll be doing yourself—and all of us—a favor.

U.S. Banks with assets over $1T
Bank Assets
J.P. Morgan Chase$1.8T
Bank of America $1.5T
Citibank $1.2T
Wells Fargo $1.1T

Bank local. Bank small.


Steven W. McDougall / resume / swmcd@world.std.com / 2011 Oct 27