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Sunday, November 6, 2011

North Texans Take Part In Bank Transfer Day Occupy Dallas Protesters March, 8 Arrested CWTV [video]

 

It started as a Facebook phenomenon and on Saturday, North Texans took part in Bank Transfer Day. While some people did transfer their accounts, what happened with Occupy Dallas protesters also made headlines, as eight protesters were arrested.

Neighborhood Credit Union in Dallas extended their hours Saturday so people could switch from big for-profit banks to the non-profit credit union.

“I heard a lot on the news about people moving and I just decided to do some research. So I went online and looked up the credit unions, see which ones were involved in the communities,” said Bobby Frank, who ended up at Neighborhood Credit Union. “I was just afraid that the banks were going to go up on the fees, so I decided just to move our business account to a credit union.”

The organizer of Bank Transfer Day was Kristen Christian, and she said Frank and others were making the move to credit unions for all the right reasons.

“Big banks for far too long have mismanaged funds and utilized unethical business practices, so it’s time that we vote with our dollar and help restore our own local communities,” she said.

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