Monday, November 7, 2011

Buffalo Bank Transfer Day

"Remember, remember, the 5th of November!"

This Saturday (11/5), CEJ participated in Buffalo Bank Transfer Day - a coordinated day of action calling on individuals to move their money from big banks like Bank of America and Chase into local credit unions.

Since the call was made one month ago to have a nation-wide bank transfer day, around $4.5 Billion has been moved by 650,000 people into credit unions! As people said in this Buffalo News article,
the day was truly about the power of individuals to act and make their voices heard.

Buffalo First!, the lead organization behind Buffalo Bank Transfer Day, has this to say about why you should invest your money in your local credit union:

"Investing, lending and borrowing local are all part of a self-determined financial future for individuals and our community at large. We encourage the community to move its money to local credit unions, and to refinance loans and mortgages with credit unions as a means to keeping the community's wealth recirculating in the area. Buffalo First! is providing workshops and information sessions about how to move your money responsibly, and how to maximize your community impact."

The next workshop and informational session is November 17th at 7pm, at the Buffalo First! offices, 910 Main Street in Buffalo.

Also, if you have moved your money, they ask you to fill out this survey to tell your story!

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