Making The Move To Community Banks

Fed up with your “too-big-to-fail” bank? Well, you can always downsize. That’s the message of the “Move Your Money” campaign, which urges big-bank customers to switch to community banks. But what’s it like to actually make the switch, and could this movement ever register as more than a blip on a big bank’s radar? Host Guy Raz talks to one man who made the switch — Michael Parisi of Santa Cruz, Calif. And he gets two very different opinions on the idea from economist Simon Johnson and bank analyst Bert Ely.

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