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Post by bedouina on Oct 25, 2011 5:38:18 GMT -7
The Occupy movement worldwide is calling for people to make a move on November 5.
If you have any money, little or much, in major banks, join in removing it, closing out your account and either doing without an account or placing it in a small local institution.
We are probably not going to shut down Wells Fargo, for instance, but we can make a strong statement that we are no longer willing to bank with these institutions. If enough of us do this, the message will be clear.
Please contact me so we can coordinate and make our voices heard. My email address is bedouina222@gmail.com. Thanks!
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josh
Occupied
Posts: 77
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Post by josh on Oct 25, 2011 22:13:48 GMT -7
don't coordinate too much. don't want to be accused of conspiracy to create a run on a bank!  But seriously, we should keep up the message to everyone that, on whatever day, they can stop doing business with the destroyers of our economy and put their money in local credit unions. We have a number of them around town. I'm not activating my new chase card, for my part, so I won't have the temptation of using it. |
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Post by Josephina Aguero on Oct 26, 2011 8:22:02 GMT -7
UM students, don't forget about Higher One. Those accounts can be closed with one phone call (look on the back of your card.)
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Post by bedouina on Oct 27, 2011 5:25:05 GMT -7
Thanks Josh and Josephine for the support and ideas. Anything that makes it easier and quicker to remove our monies from the banks is a welcome thing. I have heard that First Security is a good place to bank, as opposed to the Missoula Federal Credit Union. Any comments or suggestions? I have thought of keeping my cash (such as it is!) in the house, but fear I might start chipping away at it, 20 by 20. If somebody knows a place worthy of putting our money, please post here!! Thanks a lot, again, good to know that you folks are out there...even when we are not all out on the courthouse lawn. And, again, love and gratitude to you hardy people who are out there freezing your committed rears off!
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Post by debbyflorence on Oct 27, 2011 7:39:20 GMT -7
I bank at Missoula Federal Credit Union . I haven't heard anything wrong with them, they belong to a credit union network. I would rather you talked people out of their US bank accounts than the credit union. I have been with MFCU for about 10 years, and they don't have crazy fees, they treat you like a human being, etc. But, if you are uncomfortable with them, I heard there is an even more local credit union in town, i forget the name-- but from what I understand, people are saying to go with credit unions over banks.
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Post by Turk on Oct 27, 2011 17:25:37 GMT -7
Which banks are bad? Any bank? Is it worth the cost of getting new checks and transfering the direct deposit for those of us with jobs? Am I the only one who finds it odd that we would pick a Saturday to "close the bank", a day when most banks are closed anyway?
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Post by ~kathlene~ on Nov 1, 2011 14:29:52 GMT -7
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Post by debbyflorence on Nov 2, 2011 14:05:52 GMT -7
Hi turk, i think in cities banks are open soooooo much more than here in Missoula. I remember being able to go to some branches at like 6 pm on a sunday.. Right now that seems insane, like a crazy impossible dream..... but i think a lot of banks will be open, so it will be pretty theatrical.
However in Missoula or other rural areas i agree that its kind of weird no one is talking about an alternate day...
As far as banks, try and find a bank that is either so local its only in your area, or really what people are saying is Credit Union. I dont know much else because I think Credit Unions are the thing to do, and I am already at one so I havent researched.
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josh
Occupied
Posts: 77
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Post by josh on Nov 6, 2011 13:31:37 GMT -7
Turk, as a member of a Credit Union, you could conceivably go to member meetings, run for the board, and otherwise have some say in how your financial institution is run. Also, CUs are much better at recycling funds WITHIN the local community, rather than financing investments in other locations nationally or internationally. And, of course, neither Missoula Federal or Montana First Credit Union got bailed out (at all, so far as I know, and definitely not to the extent of the "too big to fail" banks).
I don't think that changing some direct deposit paperwork is too much hassle to insure that the guys who tanked the economy don't just get off totally scott-free. It may literally be the only thing we can do to show our disapproval (besides picketting), since it seems likely that both candidates up for any national election will have been bought in advance by the big banking interests (as happened in the 2008 election: Goldman Sachs was the largest campaign contributor to BOTH campaigns, and the top four contributors to both campaigns were the same as well). Depending on gov't to hold these bankers accountable seems hopeless. Time to do it ourselves.
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But seriously, we should keep up the message to everyone that, on whatever day, they can stop doing business with the destroyers of our economy and put their money in local credit unions. We have a number of them around town. I'm not activating my new chase card, for my part, so I won't have the temptation of using it.