Occupy Eugene Celebrates Friday the 13th with Zombie Bank Protest

What’s more scary than a psychopath with a hockey mask and a knife? How about a “Zombie Bank” that keeps rising from the dead to terrorize our community?

Join Occupy Eugene in protest this Friday the 13th at the 11th and Pearl St. Bank of America branch from 4:30 to 5:30 p.m. as we “pull the plug” on this Zombie Bank to keep it in the grave where it belongs!

The Zombie Bank (Bank of America) has been mired in problems for years: illegal foreclosures, robo-signing, outrageous executive compensation packages, questionable investment practices, sub-prime mortgage scandals, using the illegal Mortgage Electronic Registration System (MERS) to avoid paying property title transfer fees and taxes, ridiculous customer charges like $5 a month debit card fees, and more. Without massive taxpayer bailouts, Bank of America would have been dead years ago, but they keep rising up from the grave! It’s not brains they want, but our homes and money!

We’ll outline the horrors of dealing with Bank of America and their frightening practices that threaten the people and businesses in our community. Enjoy lively street theater featuring a Zombie March, a seance to bring back the Glass-Steagall Act that the Banksters murdered in their insatiable quest for more profits, and much more!

Please note the event details have changed. This Friday the 13th we are having a zombie bank themed protest! Dress up as a zombie!

Download signs here:

Support Bank Transfer Day

Bank Transfer Day

Remember, remember the 5th of November! Occupy Eugene encourages everyone to close your account in a corporate bank by November 5th and deposit your money in a local credit union or community bank.

Join us this Saturday for a rally at 11:00am in the Free Speech Plaza (8th & Oak) and then for a March at 12:00pm visiting the local large corporate financial institutions.

Local Credit Unions have already reported a surge in new accounts as a result of the anti-corporate bank movement associated with Occupy Wall Street movements around the country. Occupy Eugene and other groups such as SEIU Local 503 and ESSN have been holding regular protests at corporate banks in Eugene, such as Bank of America, Chase, US Bank, and Wells Fargo.

“People are fed up with the excessive fees these banks are charging, and their unethical practices and profiteering,” said one local Occupy Eugene activist. “If you leave your money and your business in these banks, your money is telling them their practices are acceptable. They are not.”

The ten largest banks in the U.S. now own 80% of banking assets. Community banks and credit unions own the remainder of these assets and generally provide small business loans, home mortgages, and other similar accounts.

Bank of America, in addition to other corporate banks is now charging its customers a $5.00 per month fee on debit cards if an account has less than $20,000 on deposit, disproportionately impacting lower-income customers. Given the million-dollar bonuses paid to big bank executives after taxpayers bailed them out in 2008, the high rate of home foreclosures resulting from predatory loan practices, the admissions that many of these banks lied to investors to increase their gigantic profits, it isn’t difficult to figure out that ‘we the people’ should not be rewarding these unscrupulous business practices.

You can use this contact sheet to find options for Oregon credit unions or better yet, start a discussion with friends and family by asking them if they know of any local credit unions.

Local Credit Unions & Community Banks | Fact Sheet on Why You Should Move Your Money | Flyer