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

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

    It's not just the money. There will be lines around the buildings to get to a teller all day long. The banks would be wise to close for Nov. 5th, or close period.
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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?
    What the **** are you talking about? Where has anyone said that Bank Transfer Day was about not having to pay back loans? It doesn't. It hasn't been said unless it was on Fox or NewsMax. You are being dishonest to yourself or to everyone else. No matter few here put any stock in anything you say.










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

    Quote Originally Posted by Mickey Shane View Post
    It's not just the money. There will be lines around the buildings to get to a teller all day long. The banks would be wise to close for Nov. 5th, or close period.
    Actually they are suggesting that you do it between now and 5 November. It should lessen the lines. I'm moving money this Friday.










    "When Faith preaches Hate, Blessed are the Doubters." - Amin Maalouf

    When trouble arises and things look bad, there is always one individual who perceives a solution and is willing to take command. Very often, that person is crazy. ~Dave Barry



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

    Quote Originally Posted by 1Perry View Post
    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.
    Banks keep all customers on because they cant discriminate and tell those lower 50% folks they cant bank there. But they wont miss you when you decide to leave. The credit unions wont love having you there. They wont make any money off you.You may force them to change their banking proactices and increase fees. Time will tell. I use both. I have home and property loans through both. The Credit Unions are just as invested in financial success as are the banks.

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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
    What the **** are you talking about? Where has anyone said that Bank Transfer Day was about not having to pay back loans? It doesn't. It hasn't been said unless it was on Fox or NewsMax. You are being dishonest to yourself or to everyone else. No matter few here put any stock in anything you say.
    You are being dishonest if you deny a good percentage of the whiners out there are complaining about having to pay back student loans. You can bitch and moan about the banks all you want...they are a business, in business to make money. They will laugh at the guy that takes his $47.32 balance out of his 'savings' account and goes to a Credit Union. You are doing them a favor. Run along now. You gots some bankin to do!

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

    Quote Originally Posted by Mickey Shane View Post
    It's not just the money. There will be lines around the buildings to get to a teller all day long. The banks would be wise to close for Nov. 5th, or close period.
    You've got to be kidding me. How naive are people that they actually think there will be lines?
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    Re: 99%: "Walk Money Out of the Banks to Credit Unions on Bank Transfer Day"

    Quote Originally Posted by vvx View Post
    Yes, it's funny ha-ha how little money the 99% have. The little people are so silly thinking they matter.
    Whats silly is the fools that continue to chant the '99%' mantra as if you actually represent the '99%' or the '99%' supports the OWS. At best you represent the lower income 50% that pay little to no income tax and have absolutely zero relative bearing on the banks. You are a burden. Those that make above 50%? You think they are clamoring to support the 'movement'? And how many of those college students that are bitching and moaning are living off of their +50% mommy and daddy's credit card?

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

    Quote Originally Posted by MaggieD View Post
    You've got to be kidding me. How naive are people that they actually think there will be lines?
    Oh...there may be...there are a lot of people willing to spend hours of their day, pull out their $278.32 total bank account, then walk over to a credit union and spend more hours of their day opening a new credit union account. Lots. And hopefully they will do it in a respectful and orderly manner. Good on them.

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

    Quote Originally Posted by vvx View Post
    Yes, it's funny ha-ha how little money the 99% have. The little people are so silly thinking they matter.
    I was more thinking that this will end up just like those "Boycott gas station" activities that always had a bunch of hype but then floudered when the actual date approached.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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

    Quote Originally Posted by mike2810 View Post
    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.
    Many seniors decided the stock market was no place for their savings and pulled 401K funds out of mutual funds and put them in CDs. The banks do offer fee-free checking, debiting, credit cards to to people in this range, but two banks here have started tacking on fees when those using a bank receive dividends on their CDs - the fee is something like 1% of interest drawn. I checked and Wells-Fargo does not do this - also the closest location is 61 miles from here.

    Seniors noticed the deduction of that fee on their dividend checks. Enter a movement that is telling people to pull money out of banks and move it to credit unions and you have seniors talking at church about which credit union is best and planning to make a move.
    I don't want to see religious bigotry in any form. It would disturb me if there was wedding between the religious fundamentalists and political right. The hard right has no interest in religion except to manipulate it. ~ Billy Graham in Parade magazine February 1, 1981.

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