Mark November 5, 2011 as Bank Transfer Day.
"Together we can ensure that these banking institutions will ALWAYS remember the 5th of November!! If the 99% removes our funds from the major banking institutions on or by this date, we will send a clear message and give the 1% a taste of the fear that we experience every day when we aren't able to pay for our rent, food, medication, utilities, student loans, etc."
I wrote a diary almost 2 weeks ago urging folks to CUT THE BANKS LOOSE and MOVE YOUR MONEY. All the information is there about credit unions and small banks. Well, this cause is picking up steam on facebook:
But even critics can't argue about the growth prospects of the "occupations" taking place in urban centers across the U.S. Now comes an offshoot of Occupy Wall Street that takes aim at banks where it hurts them most -- in their vaults.The social uprising -- called "Bank Transfer Day" -- encourages bank customers to take their cash out of big banks and put it in smaller banks and credit unions instead. The movement is ostensibly in response to aggressive fees institutions are rolling out to recover profits lost from new financial regulations, notably Bank of America's(BAC_) decision to stick debit card users with a $5 monthly fee and Wells Fargo's(WFC_) $3 test of the same.
You wanna make a statement? Big corporations or even the government don't listen to whining, could care less if you don't like them, but if you hit them where it hurts and that is the MEAN GREEN in their vault, then they take notice.