Move Your Money

Dennis Santiago, who built our search tool, explains how it works and what bankers have been saying:

What’s always intrigued me most of all though are the little artifacts revealing how hard whoever is running that troubled bank is working. These phone calls have put a voice to that data and I have to say, if nothing else, being part of the Move Your Money process has greatly humanized the way I view these numbers. Personally, I’ve been a fan of what we call “banks on the mend” for a long time and hearing from the people captaining these banks this month has only strengthened my resolve to continue to work to identify workable systemic avenues to help relieve the stresses impeding these institutions. They’ve been forgotten on the sidelines of a titanic feud between the federal government and the money center/super regional banks. Still, with a little coaching, I do believe that a number of these “banks on the mend” will yet make it back to good health and rejoin the ranks of ‘B’ or better institutions.