Molly Katchpole, The 22-Year Old Whose Campaign To Take Down The Big Banks Is Already Working

Business Insider

Molly Katchpole just graduated from the Roger Williams University in Rhode Island this spring, and is working two part-time jobs in Washington DC to make ends meet. 

So when she heard that Bank of America was going to levy a monthly $5 debit card use fee on her, and all of their other customers that don't have a mortgage and/or $20,000 in the bank, she got angry. And that anger lead to her starting a petition on change.org.

And then that petition got her over 300,000 signatures in only a few weeks. Her letter is below if you'd like to read it.

Katchpole didn't stop there. When her petition started gaining traction (about 195,000 signatures) only a week or so after it was posted, she went to her local Bank of America with her petition in hand and closed her account. She also cut up her debit card on camera and moved her money to a credit union.

Here she is on CNN talking about her experience on Erin Burnett's show:

Read more: http://www.businessinsider.com/molly-katchpole-petition-leads-ordinary-mans-fight-against-bank-of-america-debit-fees-2011-10?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=BI%20Select%20Recurring%202011-10-31#ixzz1cOU6NQWM