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About Stacy Mitchell
Stacy Mitchell is a senior researcher with the Institute for Local Self-Reliance, where she directs initiatives on independent business and community banking. She is the author of Big-Box Swindle and also produces a popular monthly newsletter, the Hometown Advantage Bulletin. Connect with her on twitter and catch her recent TEDx Talk: Why We Can’t Shop Our Way to a Better Economy. More
Five Reasons the Carper Amendment Must Be Defeated
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/five-reasons-carper-amendment-must-be-defeated/One of the more menacing amendments circling the financial reform bill is a proposal by Senator Tom Carper (D-DE) that would bar states from enforcing consumer protection laws against national banks and would make it easier for banks to claim immunity from state laws they don’t like. Continue reading
Miles Driven for Shopping Continues to Climb, But Pace Slows
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/miles-driven-shopping-continues-climb-pace-slows/While the number of miles logged going to work, social events, and other activities declined over the last decade, the number of miles families drive for shopping each year continued climb. Continue reading
Bank Local: Indie Businesses Embrace Move Your Money
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/bank-local-indie-businesses-embrace-move-your-money/Across the country, independent business groups that have been urging people to "buy local" are now making "bank local" an increasingly prominent part of their message, bringing new grassroots visibility and organizational infrastructure to the Move Your Money movement. Continue reading
Tools for Starting a Local Move Your Money Campaign
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/resources-starting-local-banking-campaign-your-community/Is your community organization or local business alliance thinking about launching a public education campaign to encourage people to move their accounts to locally owned banks and credit unions? We have a range of resources to assist you, including help with definitions and identifying local banks, sample flyers, graphs and background articles, examples of local banking campaign materials from around the country, and more. Continue reading
Distribution of Deposits and Assets by Size of Bank, 1995-2009
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/charts-distribution-deposits-and-assets-size-bank-19952009/
Number of Banks in the U.S., 1966-2008
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/chart-number-banks-us-19662008/
What Big Banks Fear More than the CFPA
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/what-big-banks-fear-more-cfpa/Hanging in the balance of the financial reform debate is an issue that has received far less attention than the Consumer Financial Protection Agency, but is at least as important and probably more so: whether Congress will restore the authority of states to oversee national banks. Continue reading
Share of Deposits Held by the Top 5 Banks
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/chart-share-deposits-held-top-5-banks/Finally, a Bill to Reinstate Limits on Bank Size
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/finally-bill-reinstate-limits-bank-size/ 
Not one to let a good crisis go to waste, Bank of America managed, in the dark days of 2008, to parlay its own insolvency and near collapse into attaining something it had long dreamed of: federal approval to bypass a national law that says that no bank may acquire another bank if it would end up holding more than 10 percent of the country’s deposits.
Now, at long last, a new Senate proposal calls for reinstating strict size caps. It would mean disassembling at least five big banks.