(RNS) Angry Churches Pull Money from Big Banks

A small but growing number of religious communities across the country are removing their money from Wall Street banks to protest what they see as unfair mortgage foreclosures and unwillingness to lend to small businesses.

The New Bottom Line (NBL) coalition of congregations, community organizations, labor unions and individuals is promoting a “Move Our Money” campaign with the goal of shifting $1 billion from big banks to community banks and credit unions.

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Posted in * Culture-Watch, * Economics, Politics, Economy, Ethics / Moral Theology, Pastoral Theology, Religion & Culture, The Banking System/Sector, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Theology