Today is considered #Opcashback day - check twitter and you will see more on it- basically urging people to take their money out of privately owned banks and moving it to non profit run credit unions...Below is an article on it. I may not do it today but I personally am sick of paying fees to Citibank for absolutely nothing in return- so I will be supporting our Credit Unions. You hit them in their pockets and thats when they will notice.
more unpatriotic anarchist hippies who should just leave america
Posted by AY STAR on Oct-18-2011 13:12:
quote:
Originally posted by EarnYourKeep
wow that guy is GANGSTAAAA
those rookie cops look shook to death ha ha ha
Posted by TaurusNYY on Oct-18-2011 18:54:
quote:
Originally posted by AY STAR
wow that guy is GANGSTAAAA
those rookie cops look shook to death ha ha ha
bunch of kiddie cops - toy soldiers. I can sympathize with the young ones since this is not what they signed up for- its those older cops with hatred, entitlement and anger in their hearts that are the real problem (of course some of these young guys are like that as well).
Posted by SiLveR_NrGy_985 on Oct-18-2011 20:41:
quote:
Originally posted by matt167698
more unpatriotic anarchist hippies who should just leave america
fuck patriotism! why should we the people of america leave when we are trying to better this country?! your ignorance sounds like it is fueled by nationalist propaganda
Posted by DOOMBOT on Oct-19-2011 01:00:
quote:
Originally posted by Chaska
They were on private property and were told to leave. Why didn't they just call and close their account? Or send a letter with the request?
Posted by lounger540 on Oct-19-2011 01:06:
Most banks won't let you close an account over $50 over the phone. Letter may have worked but I believe they wanted to make a protest out of it. Considering we're talking about it here I deduce they have succeeded with their intention.
Posted by DOOMBOT on Oct-19-2011 01:11:
quote:
Originally posted by lounger540
Most banks won't let you close an account over $50 over the phone. Letter may have worked but I believe they wanted to make a protest out of it. Considering we're talking about it here I deduce they have succeeded with their intention.
I've never heard of the over $50 rule. At any rate, it is all spelled out in the deposit account agreement that banks are required to give to customers. Here is BoA's - Deposit Account Agreement
I really want to stand on the same side of these protests but when I see things like this, I just have to shake my head. If anyone thought they were above the law, it was the protesters who thought it was a "right" to be able to go on private property and have a "right" to be allowed there.
Posted by matt167698 on Oct-19-2011 02:34:
quote:
Originally posted by SiLveR_NrGy_985
fuck patriotism! why should we the people of america leave when we are trying to better this country?! your ignorance sounds like it is fueled by nationalist propaganda
brah have you not read any of my posts?
next time i'll write "::sarcasm::" to avoid confusion Posted by matt167698 on Oct-19-2011 02:38:
quote:
Originally posted by DOOMBOT
They were on private property and were told to leave. Why didn't they just call and close their account? Or send a letter with the request?
that's your take away from this video? why didn't they call or send a letter? Posted by matt167698 on Oct-19-2011 02:46:
quote:
Originally posted by DOOMBOT
I've never heard of the over $50 rule. At any rate, it is all spelled out in the deposit account agreement that banks are required to give to customers. Here is BoA's - Deposit Account Agreement
I really want to stand on the same side of these protests but when I see things like this, I just have to shake my head. If anyone thought they were above the law, it was the protesters who thought it was a "right" to be able to go on private property and have a "right" to be allowed there.
I guarantee you the vast majority of people who open/close their bank accounts do so at the branch. They don't search for or read customer agreements they received when they opened the account years ago.
Although I'm glad you sent that link because the 3rd paragraph has perfect example of why BoA (and every other major bank which probably has a similar clause) is scum:
"Sometimes after an account is closed, we receive a deposit for credit to the account or a check or other item for payment from the account. If this happens, we may at our option and without any liability to you: either return the deposit, check or other item; or we may reopen the account and accept the deposit, check or other item for you, even if this overdraws your account and causes you to incur overdraft fees."
Posted by DOOMBOT on Oct-19-2011 03:07:
quote:
Originally posted by matt167698
I guarantee you the vast majority of people who open/close their bank accounts do so at the branch. They don't search for or read customer agreements they received when they opened the account years ago.
LOL! Who's fault is that???? Posted by DOOMBOT on Oct-19-2011 03:08:
quote:
Originally posted by matt167698
that's your take away from this video? why didn't they call or send a letter?
Well they pretty much failed at trying to make their point. Posted by matt167698 on Oct-19-2011 03:13:
quote:
Originally posted by DOOMBOT
LOL! Who's fault is that????
It's not that they didn't know how to close their account or were trying to close it incorrectly. You can close your bank account in person. They were not allowed to do so. That's literally all there is to it.
But in your world, bank customers who are trying to close their account should have the police called on them because they could have just sent a letter. That makes no sense at all.
Posted by matt167698 on Oct-19-2011 03:19:
quote:
Originally posted by DOOMBOT
Well they pretty much failed at trying to make their point.
Pretty sure most people got it.
Posted by DOOMBOT on Oct-19-2011 03:34:
quote:
Originally posted by matt167698
It's not that they didn't know how to close their account or were trying to close it incorrectly. You can close your bank account in person. They were not allowed to do so. That's literally all their is to it.
But in your world, bank customers who are trying to close their account should have the police called on them because they could have just sent a letter. That makes no sense at all.
I'll just end it with this; I'm not taking sides here other then the fact that, like I said, they were on private property and were asked to leave. Depending on how you look at it, BoA can and may get bad publicity for that but the bottom line is, they had every right to kick the person off the property. So at that point, the customer should close their account through other means and take action if they so choose to make BoA look like a bunch of schmucks. But BoA wasn't "above the law" by kicking them out.
Posted by DJ Eco on Oct-19-2011 04:13:
Dude, really?....
Seriously??? You can defend the Westboro Baptist Church on loose enough terms, but... why? That's the kind of argument you're making here.
Seriously??? You can defend the Westboro Baptist Church on loose enough terms, but... why? That's the kind of argument you're making here.
You're clearly misunderstanding the argument being made. What the hell does the Westboro Baptist Church have to do with the argument? Stay on topic please. Posted by DJ Eco on Oct-19-2011 04:33:
quote:
Originally posted by DOOMBOT
You're clearly misunderstanding the argument being made. What the hell does the Westboro Baptist Church have to do with the argument? Stay on topic please.
A Bank of America having rights to kick people off its "private property"? That's the furthest thing from being on-topic.
I don't have the time or the contract handy to go read my own Bank of America paperwork, but I can't imagine it NOT containing some sort of legal language allowing me to cancel my account if I want WHEN I want. You want to talk specifics, we'll get specific.
That's what people are referring to as "above the law." A bank that you've put money in cannot deny you under any circumstances the right to take your money out. For the record, I think the chick who made the video is as annoying as you think she is. But I don't care if someone walks in there with assless chaps, much less a protest sign. There's nothing legal or ethical about refusing someone to take their money out of a bank.
Posted by DJ Eco on Oct-19-2011 04:36:
I dare them to commit this kind of stunt when I go in there this Saturday to take my money out.
Posted by DOOMBOT on Oct-19-2011 04:40:
quote:
Originally posted by DJ Eco
A Bank of America having rights to kick people off its "private property"? That's the furthest thing from being on-topic.
Not really, since that is exactly what they did in the video.
quote:
I don't have the time or the contract handy to go read my own Bank of America paperwork, but I can't imagine it NOT containing some sort of legal language allowing me to cancel my account if I want WHEN I want. You want to talk specifics, we'll get specific.
That's what people are referring to as "above the law." A bank that you've put money in cannot deny you under any circumstances the right to take your money out. For the record, I think the chick who made the video is as annoying as you think she is. But I don't care if someone walks in there with assless chaps, much less a protest sign. There's nothing legal or ethical about refusing someone to take their money out of a bank.
We'll talk when you read the BoA paperwork.
For the record; I think that some of the things that BoA puts in their deposit account agreements are pretty "interesting" but the bottom line is, when you sign your name, you are agreeing to their terms. That's why you ALWAYS read the fine print. ALWAYS.
Edit: Also, see Regulation Q and D, which can be found on the Federal Reserve web site.
Posted by DOOMBOT on Oct-19-2011 04:42:
quote:
Originally posted by DJ Eco
I dare them to commit this kind of stunt when I go in there this Saturday to take my money out.
