The Truth About the Economy - YouTube Rundown of economic hardship that we face in less than 2 minutes, very well explained. Now take that, and consider that federal bank runs are illegal on the federal level: 'Bank runs have become illegal' In times of economic hardship people en masse closing their assets or trying to secure them outside of the bank is considered illegal. You do not have control over where your funds go. Big part of the OWS protest is demanding that people close their bank accounts en masse and switch over to a credit union or secure their money in another way. Today, this happened: Citi Bank having its own customers arrested for closing their bank accounts? - Democratic Underground You are reading that correctly. Some of you may have even been watching the events live as they were broadcasted. A group of 20+ people walks into a bank in order to close their bank account, as told by OWS protest as this should piss off the top 1% that makes a $622 billion profit annually from banks. They were locked in and arrested. Banks were given billions of dollars that the American people were not told about according to GAO investigation: U.S. GAO - Federal Reserve System: Opportunities Exist to Strengthen Policies and Processes for Managing Emergency Assistance GAO Fed Investigation Your money = theirs. Close your bank account? Risk being arrested. Stick with them? They may pull the rug out from under you anyway. Now is the time to be aware.