Posted 2 years ago on June 1, 2012, 2:50 a.m. EST by shoozTroll
This content is user submitted and not an official statement
Buffalo City Comptroller Mark J.F. Schroeder announced on Thursday that the city would be pulling $45 million in funds from an account with JPMorgan Chase, following concerns raised by members of the Occupy Buffalo movement.
BuffaloNews.com reported that the Buffalo Sewer Authority funds will be deposited into a higher-yielding account with the local bank First Niagara. The new account will earn 0.30 percent interest. The account with JPMorgan had a 0.25 percent interest rate.
Source: Raw Story (http://s.tt/1d7xR)
Not only that, but the local bank pays better........:)
The rest of the story.