Just as I was saying I saw no plans, goals or actions coming from the Occupy Wall Street crowds, one finally manifested itself over the weekend, and I have to admit, it was a doozy. If adopted by a great number of people, it could send a very powerful message to the large banks. It was a declared day for people to close their accounts at large banks, and move their money to credit unions or small regional banks. Of course, there is nothing that says such a movement must last for only one day. It can essentially go on for as long as there are people who want to move their money away from big banks.
The bigwigs that run the large banks care nothing about protests, marches, sign waving , speeches, and all the rest of such actions. They yawn and say, "So what." But touch their money, and you have their attention, and then some.
This is exactly the kind of action that is needed to start showing that the people are fed up with what the banking industry has been doing to us and put some real teeth in our protest. If only a few million people (more, of course, would be even better) removed their money from the large banks, that would be a big thumb in the bank's collective nose. It is the famous line from the film, Network, "I'm as mad as hell and I'm not going to take it anymore," but this time said to real financial fat cats by real people. It is a firm sign to the banks that people are taking positive action for their cause.
My wife and I will soon be joining those ranks. We are already a customer of a regional bank, but it is buying other banks, growing rapidly, and starting to find ways to nit-pick its customers to death with additional fees. It seems to have designs on becoming a large, or at least larger bank. That's when it's time to say, stop the bus and let us off. We will join the exodus to the credit unions within a short while.
If you are still banking with a large bank perhaps you will join us in leaving, and spread the word to others. It could do wonders and save you a few bucks at the same time. It's a first step.