Business & Tech

Bank Transfer Day Focus of Occupy OC Rally

Event will include speakers from UC Irvine and United Food and Commercial Workers.

Occupy OC activists, who are protesting what they say is economic inequality and corporate crime, will have speakers and a rally today to mark "Bank Transfer Day,'' which asks supporters to take their money out of major banks and put it into smaller banks.

Speakers will include UC Irvine Professor Mark LeVine and United Food and Commercial Workers policy analyst Julio Perez. 1 Civic Center Drive on the
corner of Alton and Harvard.

The move-your-money movement was started by Kristen Christian, an art gallery owner in Los Angeles, who said she was dissatisfied with Bank of America's "ridiculous fees and poor customer service." She created an event on Facebook called Bank Transfer Day and invited her friends to close their accounts at big for-profit banks and move their money to credit unions by Nov. 5. Christian chose Nov. 5 because of its association with Guy Fawkes, who tried to blow up the British House of Lords, but was captured on that date in 1605.

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