Bank of America Protest/Boycott: Stop Bank Abuse

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The American public is tired of the way the banking industry is abusing both customers and non-customers in moving toward a fee-based business model. Banks are charging outrageous fees and employ questionable accounting practices and abusive policies toward the public and customers in an effort to maximize profit. This is true of most banks.

The banking lobby is very powerful with most persons relying on politicians to protect their interests. As long as the lobbyists have access to the bank coffers and the politicians ear, this will not happen. Even in the current crisis the banks helped bring on....

There is only one way to make a change.

We will be asking the public to Petition/Boycott/Pickett Bank of America.

The focus of this nationwide Petition/Boycott is to effect change on ALL banks by forcing a change in the way the largest bank in America conducts business.

This petition and boycott is looking to effect change in all Banks by taking on the largest bank in America, Bank of America, A major contributor to the current crises (MBNA/Countrywide Financial/Merrill Lynch).

Bank of America received $20 billion in federal bailout from the US government through the TARP program on 16 January 2009 and also got a guarantee of US $118 billion in potential losses at the company.

But after receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it.

It's something any bank would demand to know before handing out a loan: Where's the money going?

Nearly every bank the Associated Press questioned -- including Citibank and Bank of America, two of the largest recipients of bailout money -- responded with generic public relations statements explaining that the money was being used to strengthen balance sheets and continue making loans to ease the credit crisis.

The public DEMANDS accountability from any bank receiving federal monies. As a recipient of our money, this also makes us a partner. As a partner, the public (that helped save your company) demands to be treated fairly...

The Public demands an end to Excessive fees, Questionable accounting practices and abusive policies forced on us. These demands apply to ALL banks.

As a signer of this petition, we DEMAND from Bank of America and ALL banks:

1. A FULL accounting of where and how our bailout money is being used.

For customers and the banking public, we demand a change in the way your bank conducts business. Signers of this petition expect:

2. Check reconciliation from lowest to highest dollar value to prevent excessive fees should customers make a mistake.

3. Reduced/Sliding NSF Fees - No more $35.00+ Fees for a .60 cent overdraft (example).

4. No unauthorized overdraft loans without customer consent. Clearly marked opt in/opt out. Don't authorize a charge to my debit card without my consent if the balance can't cover it.

5. No charges for non-customers to cash YOUR bank checks.

6. Reasonable fees on ATM fees and electronic transfers to cover overdrafts.

7. A stop to any "Hidden Fees" behind fine print

8. Whereas you consistently penalize customers for every small mistake with fees, you give nothing back to the customer when you make mistakes. Even if the customer must pay third parties because of your mistake. This is a practice that MUST STOP.

The signers of this petition agree that major changes need be enacted and will not do business (except on an as-needed basis only) with Bank of America (including MBNA and B.O.A. Credit Cards) as well as future car loans and home mortgages until Bank of America changes their currently excessive fees, questionable accounting and abusive policies.

Respectfully,

Robert G. Seketa
StopBankAbuse.com
A Nationwide Boycott of Bank of America


CHANGE: One bank at a time...

61 Signatures

  • Robert G. Seteta
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • Creator of Petition...
  • Larry Maland
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • They should refund NSF fees for 2 years.
  • Jeffrey Flynn
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • B of A has done nothing short of trying to ruin my family. We had everything with them and a-plus credit. They have since taken our home equity line, credit cards and not responded to any request for an explanation or help. I hope like hell they become nationalized and every last one of those greedy sobs ends up in the gutter where they belong
  • M McLane
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • I payed my credit cards on time and they charged outrageous fees to good paying customers, when asked to lower interest rate, said we can lower your credit line and then lowered the credit so you are over your limit and then charge you for being over limit. That is unfair practices! This is not the way you should treat customers.
  • Danielle Donnelly
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • This is a very good petition.
  • Greg Saego
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Comments:
    • New Interest Rate Scams have become a common business practice of BOA.
  • Lawrence A Babb
    • Are you a Bank of America Customer?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • This is nothing but loan sharking
  • Michelle Newton
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • I will stay with B. O. A. if and ONLY if they STOP CHARGING ASTRONOMICAL BANKING FEES!
  • Roger Silver
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Michael Bianucci
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • David Artz
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • Screw BOA!
  • William Irwin, III
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Abdul Crawford
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Lisa Jackson Crawford
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Daniel Farina
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Comments:
    • ABUSIVE!
  • Anne Hodgson
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • Closed ALL accounts a BOFA. Do not think it phased them but it made me feel better
  • Francois Farah
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • myspace/stopbankofamericatoday.com
  • Steven Johnson
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Tom Szenina
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • Sick & Tired of BofA taking my hard earned money! $4.61 debit charge caused a -$1.61 overdraft - charged me $45 ($10 & $35 fees)!
  • Kenneth Page
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • It's time Bank of America and the other banks pay for the poor management and consumer rape that has been going on for years. This has finally caught up to them and now they must pay! Our tax dollars are bailing out these banks but what are they doing for us? 24\% interest rates, fees on top of fees, When you call them they say "I'm sorry there's nothing we can do for you", Sorry Bank of America "there's nothing WE can do for you" give us back our bail out money and say goodbye. You're a failure.
  • kimberly f. fedkiw
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Eric Lee
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • This institution needs to fail entirely!
  • Ray Gaither
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • closed all accounts 3 y ears ago due to off-shoring IT work
  • Jay gomez
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • They wiped out my bank account, due to a credit card I was negotiating to have settled While I was having a tough financial time.
  • Pamela Felke
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Owen R. Broadhurst
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • Let us be clear: These fees constitute usurious interest rates on short term loans, and ought to be regulated as such - with all any compensation for usurious excess assessed since inception of such instruments returned to the consumer.
  • Kevin J Smith
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • В
  • abbie jenks
    • Are you a Bank of America Customer?
    • No
  • Hattie Nestel
    • Are you a Bank of America Customer?
    • No
  • Amy Bookbinder
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Averill Mary
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Comments:
    • looking for a better alternative
  • Christina Raciti
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • I have lost over a thousand dollard to unfair hidden fees to Bank of America. It's rediculous, and UNJUST.
  • Dwayne
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • Long time customer....the B.O.A. doesn't care
  • Aaron S. Colcord
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • marie ripton
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • trying to do a short sale thro boa from april 2009..with no answer
  • jianyong chen
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Phil E Reimer
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Tim Conn er
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Cynthia Seymour
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • John Nave
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • tried to extort money from us by threatening to forclose on home
  • Joseph O'Byrne
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Andrew Miller
    • Are you a Bank of America Customer?
    • No
    • Comments:
    • I'm with Chase Manhattan... until I can leave them.
  • Adam B.
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Patti Miller
    • Are you a Bank of America Customer?
    • No
  • Andrew Marston
    • Are you a Bank of America Customer?
    • No
  • Reed Radloff
  • Dennis L. Ross Jr.
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Richard T
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
  • Vini
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • Bank of America needs to be accountable to the American Public
  • Gregory Lemke
    • Are you a Bank of America Customer?
    • No
    • Do you plan on leaving B.O.A.?
    • No
    • Are you willing to pickett in front of a B.O.A?
    • No
    • Comments:
    • piggybankblog.com