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Group Continues Push to Divest in 'Big Banks'

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Posted: Sat 6:14 PM, Feb 25, 2012

February 25, 2012

Protests against big banks continue in Charlottesville.

Members of the group Virginia Organizing braved the cold Saturday morning outside the Bank of America branch on Barracks Road. They called their protest a periodic reminder urging people to take their money out of banks they say have a role in the country's mortgage crisis.

The emphasis of Saturday's protest was on short-term payday loans.

"Not only can you teach the big banks a lesson by withdrawing your money, you can do better, interest rate-wise and loan fee-wise at a community bank," protester Becky Thomas said.

The protest is an offshoot of National Bank Transfer Day, which took place in November. Bank of America has kept quiet on responses to the protests.


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