Bank Transfer Day November 5th: Just a Little Reminder

Only five more shopping days ‘til Bank Transfer Day.  If you haven’t yet taken your money out of the megabank you’re currently using, you’ve probably noticed that — Doh! — November 5th is a Saturday.

The giant Wall Street banks probably all have Saturday hours, but what about the locally owned bank or credit union you’re planning to move your money into?  Better to play it safe and take your money out of your humongous banking conglomerate before Saturday.

For that matter, Bank Transfer Day is calling for people to transfer their money on or before November 5th; not necessarily on November 5th.  November 5th is Guy Fawkes Day, which is why the organizers chose that date for Bank Transfer Day.

Don’t forget now.

November 5th, 2011: Bank Transfer Day

On or before November 5th of this year, everyone who has an account with one of the Big Banks is encouraged to withdraw their money from that bank and transfer it to a credit union or a locally-owned bank.

(H/T to Reconstitution where I first learned of this, and to Jess for mentioning it in a comment at an earlier post here.)

Here are some links to Bank Transfer Day.

The idea for Bank Transfer Day came from somebody’s Facebook page and was immediately endorsed by the Occupy Wall Street movement.  As much as I’m in favor of Occupy Wall Street, I think voting with your dollars is a much more effective tactic than demonstrating.  If you’ve had it up to HERE with Wall Street’s scrotal grip on the entire country — and you have an account with Bank of America, JPMorgan Chase, Citigroup or Wells Fargo — there’s something YOU can do right now to become part of the solution.

Vote with your dollars.  Too many people hate Wal-Mart while continuing to shop there; hate the Koch Brothers while buying their products in droves.  This means YOU.

If you need to be reminded of why you shouldn’t be patronizing the Big Banks — check this out.

OK, what are you waiting for?