[PAA-Discuss] 'Bank Transfer Day' Causes Credit Union Buzz

Tue Oct 11 15:18:44 EDT 2011

We (Hardy and Lee Loe) have a credit card from the Primeway Credit Union
here in Houston. We also have one with USAA, which caters to the military
(Hardy did his medical residency with the Army - and they were nice and sent
us to Paris!). I have been able to switch the Houston Peace News bank
account to Texas Community Bank. It has an office in Kingwood and also one
on Kirby and one in Tomball (or Conroe), but that is all. Don't know whether
they have credit cards or not. There are other Credit Unions in the area
besides PrimeWay , of course. PrimeWay doesn't take businesses and I called
several other Houston ones and they would not take a business unless you
yourself had an account there or you worked for a company which had an
account with them. We just got a loan from Houston Highway Credit Union.
They seem very nice.  Lee

From: discuss-bounces at paa-tx.org [mailto:discuss-bounces at paa-tx.org] On
Behalf Of zappa
Sent: Tuesday, October 11, 2011 12:42 PM
To: 'Anne del Prado'; paa
Subject: Re: [PAA-Discuss] 'Bank Transfer Day' Causes Credit Union Buzz

There aren't any small bank credit cards are there?  If you have a credit
card at all isn't it either BOM, Chase, or citi?  Just wondered if there is
another choice.  Thanks.

From: discuss-bounces at paa-tx.org [mailto:discuss-bounces at paa-tx.org] On
Behalf Of Anne del Prado
Sent: Tuesday, October 11, 2011 12:10 PM
To: Sarah Gonzales; PAA DiscussHouston; Greg
Subject: Re: [PAA-Discuss] 'Bank Transfer Day' Causes Credit Union Buzz

What can we do about "Working Assets", they use BofA for their credit card
service. Years ago, I had called them on it, they said that they were
forced (economically) to do so. Probably many PAA-ers support them by using
their credit card and their CREDO cell phones. 
Unfortunately, I cannot spearhead anything (chemo treatment, very weak), but
if people decide to call them on it, I'm willing to threat to -- and if
necessary -- get out of our CREDO contract and cut up the working assets
credit card.
Anne

  _____  

Date: Tue, 11 Oct 2011 12:32:29 -0400
From: slindahl at rounder-graphics.com
To: discuss at paa-tx.org
Subject: [PAA-Discuss] 'Bank Transfer Day' Causes Credit Union Buzz

Hit em where it hurts! If you're still entrusting your $ to Bank of America,
Chase and the other fraudsters, it's time to MOVE YOUR MONEY!
In case you're not aware of the significance of "remember, remember, the 5th
of November" - it's Guy Fawkes'  day. 
http://www.bonfirenight.net/gunpowder.php
and on a serious note, if you've never seen Natalie Portman and Hugo Weaving
in V for Vendetta (2006) - it's simply a must. 
http://www.imdb.com/title/tt0434409/

'Bank Transfer Day' Causes Credit Union Buzz

http://www.commondreams.org/headline/2011/10/10-9

Published on Monday, October 10, 2011 by Credit Union Times
<http://www.cutimes.com/2011/10/10/bank-transfer-day-causes-cu-buzz>  

by Jim Rubenstein

Even with most credit unions closed for Columbus Day there was plenty of
online buzz, and uncertainty, about what the credit union industry role
might be on "Bank Transfer Day," the latest event surfacing from the "Occupy
Wall Street" protests.

<https://www.commondreams.org/sites/commondreams.org/files/imagecache/headli
ne_image/article_images/bank_transfer_day.jpg> Industry sources, speaking
off the record, suggested any wholesale switch from large banks to CUs on
Nov. 5, the day designated by one Californian and carried atwitter Monday,
could conceivably put net worth ratios out of whack. 
The balance sheet problem was raised by several industry officials as a
potential hazard as online articles focused on what "Occupy" supporters are
calling now for a specific action to underscore their complaints against big
banks and corporate "greed."
For the record, Mark Wolff, CUNA senior vice president-communications, said
only that the trade group welcomes the idea of "a viral 'Bank Transfer Day'"
since it shows "just how angry consumers are becoming with their treatment
by big banks" and will now look at CUs.
CUNA said its Facebook posts have already witnessed big jumps in traffic on
www.asmarterhoice.org <http://www.asmarterhoice.org/> . There also have been
big gains on www.findacreditunion.org <http://www.findacreditunion.org/> .
Many consumers, said CUNA, are already "discovering" credit unions online
and "many more no doubt will as a result of this Bank Transfer Day
initiative."
Wire service reports Monday identified the ringleader of "Bank Transfer Day"
as Kristen Christian, a 27-year-old Los Angeles art gallery owner who said
she is not affiliated with the Occupy Wall Street protest, but that
demonstration organizers had reached out to her to express support.
Christian reportedly chose Nov. 5 because of its association with 17th
century British folk hero Guy Fawkes, who tried to blow up the British House
of Lords but was captured on that day.
A Facebook page <http://www.facebook.com/event.php?eid=281139538577206>  for
the event states that ""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 on or by this date, we will
send a clear message and give the 1% a taste of the fear that we experience
every day when we aren't able to pay for our rent, food, medication,
utilities, student loans, etc."
The protests began in New York and have popped up around the country. A few
hundred protesters gathered in Las Vegas, for instance, on Thursday night
and were escorted by police for a march down the Strip. Among the calls for
action on the flyers being distributed was to move banking accounts to
credit unions.

C 2011 Credit Union Times

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