Welcome login | signup
Language en es fr
OccupyForum

Forum Post: Yet another post on "Move Your Money to a Credit Uinon Day - November 5th"

Posted 2 years ago on Oct. 19, 2011, 7:28 p.m. EST by OurTimes2011 (377) from Arlington, VA
This content is user submitted and not an official statement

According to the organizer,

"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 to non-profit credit unions on or by this date, we will send a clear message to the 1% that conscious consumers won't support companies with unethical business practices.

• Research your local credit union options • Open an account with the one that best suits your needs • Cancel all automatic withdrawals & deposits • Transfer your funds to the new account • Follow your bank's procedures to close your account before 11/05"

http://www.facebook.com/event.php?eid=281139538577206

Here is what I suggest:

Do not move all of your funds. To put this big of a strain on the system may be irresponsible. Move some of your money out. Just opening an account will send the signal we need.

To find a Credit Union:

http://www.findacreditunion.com/ http://locator.cucentral.com/ http://www.findyourcreditunion.co.uk/

6 Comments

6 Comments


Read the Rules
[-] 1 points by Cindy (197) 2 years ago

Unethical is a kind word for the crime Fraud they have paid fines for

[-] 1 points by Fenrir (7) 2 years ago

http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html

Idont understand this financial stuff....and I support moving your money...but cant the fed just give them whatever is taken otu?

[-] 1 points by OurTimes2011 (377) from Arlington, VA 2 years ago

Yes, and they will, at least at the start. But the signal, the action of people actually starting to move money or to just opening a Credit Union account will send an unforgettable signal.

Think about the signal that 951 cities sent. Everybody pays attention to us now, just look at this: http://en.wikipedia.org/wiki/Occupy_Wall_Street#Media_coverage

[-] 1 points by FairShare (90) 2 years ago

Credit unions are tough little control freak money outlets. I like em...

[-] 1 points by gawdoftruth (3698) from Santa Barbara, CA 2 years ago

don't agree. move it all. strain on which system? the fake system or the real economy? i'm not worried about hurting big corporations that need to die years ago.

[-] 1 points by OurTimes2011 (377) from Arlington, VA 2 years ago

Moving it all is one option, of course. But if you can't, then just opening an account will send the signal we need.