Move your Money movement is booming. Last January, a breakthrough around the mid-Willamette Valley happened like a dream come true. It started only with five New York high-rollers but amazingly, or we can say, against all odds, it is now very famous all around the world.

For more information about this breaking news, read this article of willamettelive.com:

Arianna Huffington, one of the five, acknowledged in a Huffington Post column that the movement likely wouldn’t have a profound impact on the business practices of larger banks; however, in Salem, local banks and credit unions have noticed a rise in new customers.

“There have definitely been stories similar to this,” said Mike Corwin, the Assistant Vice-President for Business Development at OSU Federal Credit Union. “Consumers are looking at other options. We had very steady growth in 2009. We haven’t seen a rush of money to community banks, but people have seen the headlines and are responding.”

According to the Move Your Money Web site, in addition to loans being channeled back to farmers and small businesses in the community, local banks may also consider all mitigating circumstances in bank loans and be able to make approvals when big banks won’t. Additionally, most community banks are small businesses themselves and bank officers are typically available to talk to customers.

If you want to know more about them or even interested to make business with them, just visit their site. This is a great success of the Move your Money movement.