Reporting Hadas Kuznits
PHILADELPHIA (CBS) - The Occupy Wall Street and Occupy Philly movement wants people to relocate their money from banks to credit unions.
Occupy Philly protesters marched down Broad Street posting “break up” letters at the entrances of major banks. Any Kietzman of Southwest Philadelphia was among the crowd.“This was Bank Transfer Day which happened all over the United States. So, we decided it would be Break Up with Your Bank Day and hook up with a credit union,” said Kietzman.
She believes large corporate banks are not treating their customers well and is encouraging the customers to do something about it.
“Recently, Bank of America started charging $5 for their debit cards. They canceled that after a month because people were so upset about it; but even bigger than that is the whole fact that our government bailed out the banks, but where did that money go? A bank that gets bailed out, don’t you think they should then restructure the mortgages for the very people they got bailed out? No, they’re not doing that!”
Reported by Hadas Kuznits, KYW Newsradio