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Thread: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

  1. #31
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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by Mellie View Post
    Who cares! No money in the bank for those rich bankers and their rich wives! Wooooohoooo! Freeeedom!

    Seriously, I think they're all just morons.
    How about the bank tellers and security guards. It is really sad if America has fallen this far this fast.

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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by Frolicking Dinosaurs View Post
    Many of the accounts that are walking off are not accounts with $50 balances. I took a neighbor who does not drive to the bank to close her account. She, like us, has five figures before the decimal point in her checking account and at least 6 (if not 7) figures in her savings accounts / bank held CDs. The people at church who were discussing which credit union was best for their moves enjoy similar circumstances. The banks cannot afford to hemorrhage these types of clients for long.
    It is difficult for me to believe with the dollars you claim she has that she would pay any fees at the Bank. Are not the Banks targeting the basic low amount accounts with fees. Mid to High end are not.

    Unless she is clueless or your not stating true facts. With her money, she could have free checking/credit/debit accounts with most likely any bank.. Just pulled up Wells Fargo fee schedule. With a Premium Account they don't charge for debit transactions, credit card annual fee or checking.

    This is such a non issue for a lot of people. You just have to educate yourself.
    Last edited by mike2810; 10-12-11 at 01:21 AM.
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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by VanceMack View Post
    then they should by all means express their impotent rage by doing so. Good riddance. But who are they going to bitch about when they find out they have to pay back their loans to the credit union just like the banks?
    Those who hold those views hold as much sway as Obama releasing a program to Congress but it really didn't have much to do with me noting why banks keep these customers on.

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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by Mellie View Post
    Most of those 6,500 people probably have no money in the bank.
    How the hell do you know how much money they have? Is this what Glenn Beck says?


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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Frankly, I think having money in a local credit union is a good idea. I was in a local credit union while I still lived Stateside. I got higher interest on my bank deposit and CDs, better and more friendly service, and lower interest on loans than I did from BOA or other large banks in town.
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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by pbrauer View Post
    How the hell do you know how much money they have? Is this what Glenn Beck says?
    What makes you think they do? Something Micheal Moore has said?

    Isn't this fun?

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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by tessaesque View Post
    I want to see a tally of how much money moves. Then I'll laugh heartily.
    Yes, it's funny ha-ha how little money the 99% have. The little people are so silly thinking they matter.

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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by Risky Thicket View Post
    Now it gets real! People do have have the power.

    [/I]
    If many of them are protesting because they are not making what they claim is a livable wage then how will they have money to withdraw from the bank on the 5th of November? Don't you need money in the bank to actually withdraw it and a substantial amount of money in the bank so that withdrawing it actually make a difference? Because if they are making below what they consider a livable wage then that means they are living from paycheck to paycheck so they should have no cash in the bank to withdraw.
    Last edited by jamesrage; 10-12-11 at 04:10 AM.
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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Meh. It's their money. Whether it's $10 or $100'000, they can do whatever they want with it. I don't know if it'll have any sort of impact at all. So far this OWS movement is just a large group of people expressing their views, although not in a very clear or effective way. Moving their money out of the banks is just another way of trying to get their message across. I honestly don't yet understand what they want exactly, but I'm not going to stand in their way or berate them for trying.
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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by Mellie View Post
    Most of those 6,500 people probably have no money in the bank.
    Yea, but their are no fees for using cash.
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