Forum Post: Move Your Money: http://www.culookup.com/
Posted 12 years ago on Oct. 6, 2011, 5:25 p.m. EST by RMC
(9)
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Move your checking/savings/credit cards out of BOA/Chase/Citibank and to a credit union. This is also a suggestion that should be made publicly, through the media, because it is something that everyone, everywhere can do. Plus, everyone is mad right now because BOA and Citi are changing fee structures so as to pass off to middle-class consumers, the costs of the new Federal regs. Again -- the Citibank executives at my local branch were terrified when I walked in, told them, "I'm not rich; but I'm not stupid." and said I was closing my account. They've been afraid of something like this. We can make it part of the national movement.
Thanks -- I'll check it out.
Absolutely!!! move it as fast as you can. Credit unions are not for profit and one member gets one vote. Better deals across the board.
This sounds a lot like this event over at Facebook: http://www.facebook.com/event.php?eid=281139538577206
We need a program. I was part of the disinvestment sit-in at Columbia in the eighties. People were milling around for speeches on the Hamilton Hall steps. The old lefties -- from the Vietnam era -- started yelling, "For Christ sakes, SIT DOWN." So they did. For three weeks. The University disinvested. You can't just confront the system; you have to derail it.
I was still w/Citi, because I had direct deposit through my employer and needed on-line bill payment. I found out only this week, listening to Brian Lehrer on WNYC and reading an article in the NYT, that there were alternatives that offered those services. People don't know that they can do better at the credit unions or an on-line bank.
You were still with them?
100% agree, I'm in the process of doing this now.