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10-24-2011, 09:37 AM
| #1 | |
| Golden Cockroach  Join Date: Oct 2011 Location: In Scrooge McDuck's vault
Posts: 1,926
Liked: 467 times |  Bank Transfer Day Anonymous calling for moving funds from big banks to non profit credit unions on Nov. 5. Credit unions have seized upon the idea and incorporated it into their marketing: Quote :
__________________ The journey of a thousand miles begins with a single step. - Lao Tzu Do you have something to say about what I posted? Register and let your voice be heard. | |
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10-24-2011, 12:15 PM
| #2 |
| Moderator  Join Date: Oct 2011
Posts: 570
Liked: 166 times | Consider how little capital the OWS people have, this wont make any real impact. |
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02-03-2012, 07:37 PM
| #3 |
| Moderator Join Date: Oct 2011
Posts: 189
Liked: 72 times | I've been looking into a credit union and was having a bit of trouble deciding between 2 local ones that both looked pretty good. I found a resource that provides the financial data for the credit unions that can be used to determine which institution is more financially sound. http://www.creditunions.com/ PMBug likes this. |
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02-03-2012, 10:13 PM
| #4 |
| PM Bug Supporter   Join Date: Oct 2011 Location: SE USA
Posts: 549
Liked: 164 times | I like the idea though. A year or so ago, "Village Idiot" and I at Zero Hedge tried to get people to take $500 from the ATMs on a certain day, only a bare handful did (that I know of). If your place is reasonably secure you can make the argument that your money is safer at home (well hidden) and since they aren't paying any worthwhile interest, you have no "opportunity cost" either. And taking money OUT of the bank allows you to do cool things like buy gold and ammunition...  |
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