New Bank Scam

[repete]

So.... can I put you down as a vote for Obama in 2012?

Not hardly!

[repete]

Welcome aboard, we are the 99%
Thats one of the reason we are going out there to organize and if so inclined- protest, join us.Occupy Together*|*Home

Dead link

[GMAN]

There was a segment on the evening news about the protests. According to the report, this started with a small group of protesters. Today it looked like several thousand people were marching. They even brought out some of the union people. I doubt the NYC police will arrest some of their fellow union brothers, even if they are not of the same union. The segment mentioned that protests are taking place all over the country. It looks like this may pick up steam.

[Windwalker]

The latest word from Bank of America is that they've "backed down" on the monthly debit card fees. They say it had nothing to do with "Occupy Wall Street". Since they announced the fee, they've lost some 65,000 customers. And, over the last 3 months, or so, credit unions have added some 140,000 new customers.

I can't help wondering... "Bank Transfer Day"... All the media attention that Occupy has been getting lately. Why do they suppose so many people knew to leave banks and go over to credit unions in the first place? It's one of the things Occupy has been calling attention to. I guess, if the bank is big enough, they can try to make the public believe what ever suits them....

[GMAN]

Some of the protester's sounded like nut cases, but some were expressing valid concerns that many American's have with Wall Street and Bankers in general. They have moved into the realm of distrust known by lawyers for so many years.

[Mr. Ford95]

It wasn't just BofA who backed off. Several of the others backed off the week before. Wells Fargo, Suntrust.........

They will never admit why they truly backed off but I have a strong suspicion why they suddenly backed off. It wasn't the fact that so many people had suddenly closed their bank accounts with them over this. I truly believe our govt. had a hand in this behind the scenes. Little reminder that they were bailed out by the taxpayers and this is how they say thank you in return, by tacking on additional fees. Govt. probably told them that if the fees weren't dropped there would be some additional legislation against them.

[GMAN]

You might be right about the government getting involved in the situation. But, when any company loses tens of thousands of customers after a policy or fee change, they are bound to get their attention.

[Mr. Ford95]

The BofA spokesman said that their change of heart was not due to the customers who were lost over the last 6 months. He went on to say that because others had a change of heart they decided to change their tune. You have to remember, they have been losing customers in large groups since June, well before the policy changes.

[KateL]

The only problem for truckers and a local bank is that if your out on the road and need money then you can't walk into a branch. You have to find an ATM and most all banks like to charge an ATM fee if it's not one of their ATM's. I would like a more national bank for that reason but with all the fee's they are charging it's just not worth the additional headaches that could come with it.

I'd use a Pay Pal credit card to solve this situation. Make a bank transfer to Pay Pal using your local account or credit union, then use the Pay Pal card as a check or debit card. I personally prefer to use a Pay Pal card because if it is stolen or lost, the only money at risk is the money in that account, not your entire bank account. It is also national. To get more money, you need a personal computer, not a bank.