Move Your Money to Credit Unions!

OK, TWKB - Now, we come out fighting! Bank of America - you suck and therefore cannot hold my money any longer. We must get out of our comfort zone and support the credit unions who support us by operating as a not-for-profit entity - who keep their promises to us by not raising interest rates on credit cards, who support their member base by offering financial products that far outweigh the big banks.

IF WE DO THIS TOGETHER-IF WE ALL-EVERY SINGLE PERSON, DO THIS TOGETHER, WE CAN MAKE A DIFFERENCE!!!

We are not heard by our governing parties- we do not have lobbyists who sway the vote to the highest bidder. This is a move that we can make with no effort except a trip to your nearest credit union. It cannot be blocked, voted down, put up for a consensus or sent to committee.

Tomorrow, Monday, January 25, 2010, we will close all six accounts at Bank of America I will use my last miles on my BofA Visa and close it by the end of February. I will move every account to Patelco Credit Union - this is my vow to you.

Please join us - ACT NOW - and move your money from Wells Fargo, Citibank, Bank of America and Chase Bank. This is OUR LOBBY - make it count!

... Dawn

Bank of America paid back the 45 billion in aid they received from us by way of the government so that they could get out from under what they considered oppressive regulation. They then spent 3.6 million in lobbying in 2009 to sway votes to keep them from being regulated.

When the banking industry received bail out funds, they shored up their bottom line then stopped lending. They made new loan restrictions impossible to achieve, cut credit card limits every time we made a payment (not to mention increasing our rates to usury levels) and dropped our equity lines. As they used our tax dollars to survive, they broke the circle and stopped any money from getting to the people and small business, the backbone of our country.

The banking industry created the exotic loans that people eventually defaulted on. Loan brokers, appraisers and other outside support sold or worked with these loans as that was the available product . HVCC, SAFE... regulations are arriving that if left in place will eventually kill these outside vendors - again, independent small business owners.

Now the court says there are no longer limits on how much they spend on campaigns. We can not afford to spend 3.6 million on lobbyists and we are limited on our campaign contributions.

Vote with your dollars. Close your bank accounts and open with a credit union. Credit unions are already more restricted than banks. They are limited on rates they charge, they are operated as not-for-profit and the profits they do enjoy are shared with the members.

... Donald