Friday, March 12, 2010

No More, Bank of America, No More!

I've been planning this post for ages, but I guess it shows how hard it is to switch banks. We made the move over to Wainwright bank last October, but it's taken several months to transfer all our autopaid bills to our new accounts. We're finally ready to close the BoA accounts.

For those of you reading who aren't familiar with BoA, it's a huge institution who has shown itself, time and time again, to care very little about its responsibility to customers, communities, or society in general. We were both customers for years because of inertia (and, for my part, laziness). Eug starting a business gave us the momentum we needed to make the switch, alongside divesting from the stock market.

We chose Wainwright because they care about where they invest customer's money, and they seem to really care about their customers, and about small businesses. They're small enough that we have a banker who we know and can visit when we have questions.

On a totally unrelated note, keeping Bees in New York City may no longer be illegal! I've been dreaming of making our own beehive (one day...)-- Of course, I don't live in NYC or keep bees right now, but it will set a precedent if the commercial center of the world says yes to bees. So, go to it, NYC bees!


leah said...

I left BofA in 2007 and now for several months I've been trying to leave Citizens. It's amazing how much hold banks have over our lives!

Connie said...

i have been meaning to visit the local credit union - this week, in fact! - to switch from the evil empire - thanks for the nudge :p