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Bank Transfer Day

Bank transfer to non profit ... are you supporting/participating?


  • Total voters
    28
I have always done my banking with Credit Unions and urge all my friends and family to do the same! Anyone in New Hampshire should make the switch over to Service Credit Union, such a great credit union with no fees, no minimal balances and no atm fees worldwide. Got to love it!
 
Just like an Obamabot. Crash systems for the promise of utopias that can never be.
 
Just like an Obamabot. Crash systems for the promise of utopias that can never be.


or people dont want to go with the big banks anymore because they charge a fee for everything.
 
They didn't charge fees, in this case, a debit card fee, until government did something.

Thank Dodd Frank "reform," in particular, the Durbin Amendment.
 
If it took a $5 monthly charge to get you to pay better attention to your banking needs, I feel pity for you.

Yeah, and nary a clue that government did something to create that fee.
 
No, I won't participate in attempting to crash the banking system which would result in total chaos.
 
They didn't charge fees, in this case, a debit card fee, until government did something.

Thank Dodd Frank "reform," in particular, the Durbin Amendment.


they charge for checking accounts, money markets, paper statements too name but a few. They have become impersonal and its so hard to sit down with someone that actually makes decisions. The Big banks got sloppy!
 
No, I won't participate in attempting to crash the banking system which would result in total chaos.

Atta girl. It's reprehensible for persons in government to tell people to crash businesses which they regulate more than any other in the country.
 
I pulled all my money out of stocks and mutual funds and moved it to European banks after GWB was elected to his second term because I could see his economic policies were going to cause a deep recession or depression. My regular savings, checking and trust accounts have been moved to a credit union recently. CDs will be moved as they mature.
 
Atta girl. It's reprehensible for persons in government to tell people to crash businesses which they regulate more than any other in the country.

even when they are practising bad business?
 
even when they are practising bad business?

They do what government tells them to do, then they try and stay solvent.

You prefer them crashing and needing to be bailed out?
 
They do what government tells them to do, then they try and stay solvent.

You prefer them crashing and needing to be bailed out?


there hands are not as tied as you think they are!
 
I abandoned big banks years ago because they were too expensive and they treat their customers like garbage. Is that acceptable?
 
I abandoned big banks years ago because they were too expensive and they treat their customers like garbage. Is that acceptable?

I don't have a problem with that. It's when government regulates banks and then goads people into making a run on banks that's repugnant.
 
No. These kids can jam their V for Vendetta stuff up their asses.
 
As of Saturday, all my money is with the local branch of the American Federation of Musicians Credit Union. Goodbye Wells Fargo.
 
Just like an Obamabot. Crash systems for the promise of utopias that can never be.

Ummm... so.... it's okay for a handful of banks to crash the world economy and make a run on Our treasury to bail their asses out? When a business fails... it should FAIL. Anything else is anti-competitive and anathema to a free market. Would it be painful? Hell yes. But I can bet you we wouldn't see anymore "too big to fail" businesses and corporate protectionism.

No, I won't participate in attempting to crash the banking system which would result in total chaos.

So if they send the world into chaos by trading in non-real assets, that's okay...


Plain and simple... these businesses are failing the American people... a free people. If they no longer have the trust of the people they should not be extorted and blackmailed into accepting any of the banks practices, fees and the like simply because if we don't go along, THEY will crash the economy. It's anti-competitive and protectionist. And that is not a free market, not is it any flavor of acceptable American capitalism. If your business employs bad practices and policies... it will and should fail.
 
Honestly, if you're still with a big bank, you're an idiot.

Have you seen their rates compared to smaller internet banks and credit unions? Politics aside, there's really no reason to be with a big bank unless you have a large actively managed brokerage account with them considering their poor rates on consumer products and high fees.

Bank of America savings is offering:

A money market account with $2.5 MILLION - 0.40%
ING Direct Online - No fees, No Minimum - 1%

Really. Why bother with a big bank?
 
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Just like an Obamabot. Crash systems for the promise of utopias that can never be.

Actually if we had a decentralized private bank system made of many small regional banks and credit unions, we wouldn't have the mess we had in 2009. A very fragmented system basically spreads the risk around in a way that severely reduced the domino affect of a single bank going. The big bank system basically consolidates risk by centralizing huge amounts of exposure in a few large firms that if, they go bring everyone else down as well. Essentially crashing the system to replace it with lots of small banks would put us back on the path to financial security. Bigger isn't always better.
 
Honestly, if you're still with a big bank, you're an idiot.

There are many reasons why someone would be with a big bank and not know to avoid it. Maybe it just doesn't occur to them. Who cares? People are noticing now and that's what matters most. Better late than never, right?
 
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