Did you know that this Saturday, Nov. 5, is Bank Transfer Day?
If you’ve seen the Facebook event, which has more that 58,000 RSVPs, or the Twitter page, then you’ve seen the red, white and blue mask, and have probably read the following:
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.
Created by 27-year-old Californian Kristen Christian, Bank Transfer Day is being cited as more than a response to Bank of America’s announced $5 debit card fee and other banking entities experimenting with similar policies.
Like many consumers, Kerie Campbell, an Oakland resident, mother and Bank Transfer Day participant, operated under the belief that larger banks were safer and the overall best places for her money. But as a strong believer and participant in the Occupy movement, she has had a change of heart.
“I simply cannot … ethically and morally, I cannot keep my money with Wells Fargo,” Campbell said. “I’d rather bring it home.”
Read the complete story and continuing coverage of Occupy Oakland’s call for a citywide general strike at Oakland Local.
