http://archive.longislandpress.com/2011/11/04/long-island-credit-unions-ready-for-bank-transfer-day/ Serving the opinion leaders of Long Island Sun, 28 Oct 2012 12:30:37 +0000 hourly 1 http://wordpress.org/?v=3.5.1 http://archive.longislandpress.com/2011/11/04/long-island-credit-unions-ready-for-bank-transfer-day/comment-page-1/#comment-430062 Gurjinder Mon, 19 Mar 2012 07:46:23 +0000 http://www.longislandpress.com/?p=216709#comment-430062 The following is a leettr sent to my bank (Chase) one week before I closed my account:This leettr is to notify you of my intention to close all my bank and credit accounts with your bank. This includes my Chase Total checking account, my Chase Plus savings account, my Amazon.com VISA (administered by Chase), and my Sony VISA (administered by Chase). In addition, I intend to sell all mutual funds in any retirement accounts that invest in your bank. I would like you to understand why I have decided to sever all financial ties with your bank. JPMorgan Chase has illegally foreclosed on mortgages held by members of the US military. JPMorgan Chose continues to gouge communities with interest swap deals costing cities hundreds of millions of dollars, has the greatest number of foreclosed homes as of 2010, and has reduced small business lending by 75% in the wake of a government bailout meant to spur lending. I believe that the actions of your bank are both disgraceful and despicable. .

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