Occupy St. Pete Elders demonstrating against big banks at Bank of America today

ST. PETE, Fla. - Customers who come to the St. Pete Bank of America on Third St. S will be greeted by protesters telling them to take their money else where.

Occupy St. Pete Elders will host a demonstration at the bank Friday to urge customers to ditch big corporate banks for credit unions or small community banks instead.

A release from the organization says this "Move Your Money" campaign is about standing up for economic justice and its being staged by Occupy groups around the country.

The campaign comes months after National Transfer Day, a social media push that encouraged everyone to leave big banks on November 5 after several of them started tacking on additional fees. Pressure from that campaign proved to be successful, with Bank of America dropping a monthly $5 checking fee.

Some other banks followed suit and got rid of similar fees.

The Occupy St. Pete Elders, mostly 50 or older, say they're seniors are concerned for the financial future of their children and grandchildren.

Reuters reported that Suncoast Schools Federal Credit Union headquartered in Tampa swell by 92 percent with 5,535 new accounts in October of 2011 compared to 2,876 in October 2010.

The Occupy St. Pete Elders demonstration will take place from 11:00 a.m. to 1:00 p.m.

At Bank of America, 220 Third Street South.

 

 

 

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