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Big Banks Start Campaign to Destroy Credit Unions | Don't Tax My Credit Union! »
The Move Your Money project was born out of the Occupy Wall Street movement, which began in September 2011. The impetus was the announcement by Bank of America that they were going to impose a $5 dollar monthly fee for debit card users. On November 5, 2011, customers were to close their accounts at major banks and open new ones in community banks or in credit unions. Already infuriated by Wall Street’s recklessness leading to the 2008 financial collapse, the idea caught on like wildfire across the nation. Source Main page (current trends)
More about: Bank of America, credit unions, Occupy Wall Street, Wall Street