In the Network: Media Co-op Dominion   Locals: HalifaxMontrealTorontoVancouver

Support the VMC, donate today!

Advertisement
posted by stimulator in on Nov 2, 2011 - View profile

Vancouver, Unceded Coast Salish territories

Bank Transfer Day - Occupy Vancouver


10:30am
Saturday November 5 2011

Venue: Out of You Current Bank. Into Your Preffered Credit Union.

» More information

November 5th is International Bank Transfer Day!
Join us at the VAG for a Rally at 10:30am and then Move your Money!

In solidarity with the global occupy together movement, encourage all to close their accounts with large corporate banks and transfer our economic power to democratically controlled institutions like credit unions. The banking problem is not just 'over there' in the United States, but right here in Canada. The big Canadian banks are not stable or ethical:
a.    Their involvement in predatory lending and speculation led to an underreported > $100 Billion bailout by the Canadian government in 2008/9.
b.    They invest heavily in exploitative and environmentally destructive industries at home and abroad.
c.    They are posting obscene profits and CEO salary increases

 

http://www.occupywallst.org/forum/november-5th-bank-transfer-day-pass-on/

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 bu...siness practices.

• Research your local credit union options
• Open an account with the one that best suits your needs
• Cancel all automatic withdrawals & deposits
• Transfer your funds to the new account
• Follow your bank's procedures to close your account before 11/05

Pass this on. November 5th. SHARE

CCEC on Commercial Drive is definitely a top pick and highly recommended to the Occupy Vancouver movement. http://www.ccec.bc.ca/

However, if you don't think the CCEC is right for you and/or you are wanting to compare/research your options the 'Credit Unions of BC's' website has a useful tool for searching through Credit Unions in BC.
http://www.credit-union.com/find

http://www.facebook.com/Nov.Fifth
http://www.facebook.com/event.php?eid=281139538577206
http://twitter.com/#!/banktransferday
http://money.howstuffworks.com/personal-finance/banking/credit-union.htm
info@banktransferday.org
occupyvancouver@gmail.com


Join the Vancouver Media Co-op today. Click here to learn about the benefits of membership.

Comments

Retaliation to fee gouging

People are going to bustle at credit unions considering how they're going to have lower fees and a preferable services as well, they also have the feeling of investing in their community. The “Bank Transfer Day” campaign called for any person willing to switch from their retail bank to a credit union on Nov. 5, and it earned a lot of interest. Thousands of individuals switched. Source of article: Early Bank Transfer Day numbers show success.

Retaliation to fee gouging

People are going to bustle at credit unions considering how they're going to have lower fees and a preferable services as well, they also have the feeling of investing in their community. The “Bank Transfer Day” campaign called for any person willing to switch from their retail bank to a credit union on Nov. 5, and it earned a lot of interest. Thousands of individuals switched. Source of article: Early Bank Transfer Day numbers show success.

Bank Transfer Day is a

Bank Transfer Day is a consumer activism initiative calling for a voluntary switch from commercial banks to not-for-profit credit unions by November 5, 2011. As of October 15, 2011, a Facebook page devoted to the effort had drawn more than 54,900 "likes". Debit card fees of $5 a month from the Bank of America are among steps leading to the Bank Transfer Day protest with a November 5 deadline. Occupy Wall Street participants support the effort even though the events are not related. Among the detractors was Occupy Los Angeles, and Christian stated that "she was accosted by Occupy Los Angeles organizers and has even received threatening phone calls" because of her pro-credit union rather than anti-bank approach. Free Credit Score

Creative Commons license icon Creative Commons license icon

User login

Advertisement