Sunday, November 6, 2011

Bank Protest Day, Please Close Your Too Big To Fail Bank Accounts

I am simply amazed at the number of people who still do business with the TBTF or Too Big To Fail Banks. The biggest four or five banks have 80% of our wealth. That is not just wrong- that is downright scary.

Bank protest day. http://www.kmtr.com/news/local/story/Bank-Transfer-Day-brings-major-protests-big/Cjm1vKjk_ESoJrVLOYGUog.cspx

I closed out a Wells Fargo account three years ago. I opened two accounts. One at a credit union, one at a small town bank. One gives me a free safety deposit box, the other waives atm transactions anywhere- which in my estimation is the only advantage Wells Fargo had with a bazillion branches everywhere.

If you bank at Citi, WF, Bank of America, any of these...http://seekingalpha.com/article/305583-29-global-too-big-to-fail-banks

...please consider moving your accounts somewhere else. The TBTF banks would not be TBTF if the citizens of this country would start taking action and lose some of the apathy and laziness that these banks have been counting on.

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