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Colleges take Action on Bank Transfer Day
Colleges take Action on Bank Transfer Day
Published 11-04-11
Submitted by Responsible Endowments Coalition
Bank Transfer Day on College Campuses
When: November 4 & 5 2011
Where: 15+ Colleges Nationwide (Locations listed at bottom)
Media Contacts: Dan Apfel, Responsible Endowments Coalition 718-673-8669 / dan@endowmentethics.org
Annie McShiras, Responsible Endowments Coalition, 718-810-9407 / annie@endowmentethics.org
Contacts for Interviews Available at All Locations
On Bank Transfer Day, November 5th, and on Friday, November 4th, students at colleges from around the country will be moving their money from national banks into credit unions and community banks. They’ll also be educating themselves and each other about the problems with the banking system and the value of moving money into smaller banks and community development financial institutions. In the following weeks, they’ll be calling on their universities to do the same.
As an example, at Washington University in St. Louis, students will be gathering at a campus Bank of America branch, closing their accounts, and then heading to a local community development credit union, St. Louis Community Credit Union, to open new accounts, according to senior student Molly Gott.
At University of Pittsburgh students are showing the documentary Inside Job that explains the origins and university connections of the financial crisis and securing pledges from students to move their money, and to petition the university to invest in its community.
Students will be taking a variety of different actions to support this major national event.
Colleges with participating actions include:
Bennington College, Bennington, VT
Bard College, Annandale-on-Hudson, New York
Brown University, Providence, RI
College of Creative Studies, Detroit, MI
Cornell University, Ithaca, NY
DePaul University, Chicago, IL
Florida A&M University, Tallahassee, FL
Hampton University, Hampton, VA
Loyola Marymount University, Los Angeles, CA
New School University, New York, NY
Philadelphia Academy of Fine Arts, Philadelphia, PA
University of Pittsburgh, Pittsburgh, PA
University of San Francisco, San Francisco, CA
Washington University in St. Louis, St. Louis, MO
Wesleyan University, Middletown, CT
Responsible Endowments Coalition
Responsible Endowments Coalition
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