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

Tue Oct 11 16:54:09 EDT 2011

We have a PrimeWay Credit Union debit card. Lee Loe

-----Original Message-----
From: discuss-bounces at paa-tx.org [mailto:discuss-bounces at paa-tx.org] On
Behalf Of Randy Scott
Sent: Tuesday, October 11, 2011 3:19 PM
To: discuss at paa-tx.org
Subject: Re: [PAA-Discuss] 'Bank Transfer Day' Causes Credit Union Buzz

Don't use credit cards? I've never owned a credit card & my credit rating
is just as good as anyone else's.
I'm still looking into whether CU's issue debit cards.

> 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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Randy Scott
713-683-9531 home
713-291-4518 cell

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