Welcome to an experiment in social technology.

January's Cause of the Month: Move your money to a local bank

Three years ago, I walked into a Bank of America branch and closed my account. When they asked me why, I told them I was fed up with escalating fees, the sterile feeling I got from doing business with them, and that I wanted my money to be used to support more local jobs.

I moved my money to Arvest.

A little more than a year ago, I  moved my money to the Bank of Fayetteville. It wasn't that I disliked Arvest, I just wanted to support a bank that was even more local to me.

And I've been happy ever since.

If your money is tied up with one of the big national banks, you should consider moving your accounts to a local bank. Check out this video for inspiration:

If you decide to move your money, post a comment why.