Forum Post: Bank fees withdrawal is not enough
Posted 12 years ago on Nov. 1, 2011, 3:24 p.m. EST by entrepreneur
(69)
This content is user submitted and not an official statement
Today Bank of America announced removal of $5 debit card fees. Others major bank announced removal of fees from checking accounts. This in my opinion is just a trick to prevent majority of their clients from closing accounts.
Lets not get fooled by such bank tactic as these banks together with FED and wall-street corporations are the source of all economic and financial problems. Continue to close your accounts with Mega banks and move your money to credit unions or yourself. References: http://online.wsj.com/article/SB10001424052970204528204577011813902843218.html http://www.mercurynews.com/breaking-news/ci_19239702
I don't think it's a trick. I think people are paying attention and voting with their feet - and accounts. I think it was a humbling experience for the CEO's and a victory for We the People.
Credit unions are the way to preserve our system. No investing in hedge funds or derivatives bundled full of loss. People banks for the people not for the overpaid CEOs.
Yes, continue.
It's only the beginning.