DIVEST FROM WALL STREET, INVEST IN COMMUNITIES

Archive for the ‘How To’ Category

Why Should Your School Move Its Money?

In How To on February 28, 2012 at 11:20 am

Big banks take our universities’ money and use it to

  • Help finance predatory, high-cost, student loans and lobby to change laws in congress to benefit the 1% at the expense of the 99%
  • Fund mountaintop removal coal mining
  • Provide predatory loans to low-income people
  • Produce high fees on credit cards
  • Support lobbying to bend and break time-tested laws
  • Finance risky investments in derivatives

Community development financial institutions, like credit unions and community banks have missions to

  • Lend to residents and local businesses who want to improve their communities in socially positive and sustainable ways
  • Provide financial services to under-served populations
  • Focus on affordable housing, small business creation, environmental issues, empowerment of women and minorities

Want to learn more? Check out our Frequently Asked Questions.

Interested in doing a Teach In at your school? Here’s a Move Our Money Teach In Script we’ve created!

Check out REC’s Community Investment Toolkit

In Blog, How To on January 24, 2012 at 1:38 pm

REC's Community Investment Toolkit

Move Our Money: REC’s Community Investment Toolkit (PDF direct link — right click, save as) is a simple, step-by-step guide to implementing a community investment initiative at your school. It includes sample proposals, op-eds, and other publicity materials, an FAQ, a primer on how to find out more about community banking in your area, and everything else you need to know. We highly encourage you to print it out, read, and share to learn more about how to make community investment happen at your school! If you have any questions or would like anything to be added, please let us know so we can make this resource as useful as possible for you.

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