Tag Archives: i hate banks

  war on banks

Banks Bleeding From Defections As Credit Unions Gain Members

Some 650,000 people joined credit unions last month, more than all of last year combined. On “Bank Transfer Day” alone, there were 40,000 new accounts opened at credit unions. And even before #OccupyWallStreet and the Bank of America fee outrage, a summer survey found that the biggest 10 banks stood to lose about 10% of their deposits in the coming year just because of customer disgust — $185 billion out of $2 trillion in “retail deposits.” Imagine what a 20% retreat would do, or 40%. This CNN story has a great suggestion from some credit website guy: “I can see a ‘dump my bank’ as a popular [New Year’s] resolution this year.” Might work better on January 3, when banks are open. But it’s still a great idea! Read more on Banks Bleeding From Defections As Credit Unions Gain Members…
  i hate banks just can't stand 'em

Saturday Is Bank Transfer Day, So What Will You (We) Do?

It says a lot about the Internet that the first thing we saw about the November 5 Anti-Bank Action Day was a snide remark. Something along the lines of “Good job dumb hippies, banks are closed on Saturday.” First of all, not true at all! Bank headquarters are closed on Saturday, but most bank branches nationwide are open on Saturdays, at least until noon. And, for those who still have weekday work schedules, Saturday makes a lot more sense than, say, a weekday. Anyway, tomorrow — Saturday, November 5 — is Bank Transfer Day. If you’re still using a Wall Street Bank, meaning any of the big chain banks, it’s time to Occupy your branch office and close your account. And a lot of credit unions are staying open late, so you can go right to your new local credit union and deposit the cashier’s check from BofA or Chase or Wells Fargo or whatever. Read more on Saturday Is Bank Transfer Day, So What Will You (We) Do?…
  'dow jones can suck my bone'

‘I Hate Banks,’ the New National Anthem (From 1986)

People have been speaking to your editor about the prophetic words of the Reverend Mojo Nixon, particularly this song — recorded live with Skid Roper in a St. Louis club back when Ronald Reagan was still technically alive. So here it is, Ocupados, “I Hate Banks,” the legendary Wobblies campfire anthem from the 1980s. Read more on ‘I Hate Banks,’ the New National Anthem (From 1986)…