Pat Quinn Calls on Bank of America to Let Working Families Keep No-Fee Checking Accounts

CHICAGO – Pat Quinn, Democratic candidate for Attorney General and former Illinois Governor, today kicked off a consumer campaign to take on the latest effort by Bank of America and the other big banks to impose unfair fees on the checking accounts of everyday people.

Bank of America is the nation’s second largest bank with over 100 branches and ATMs in the Chicago area. Bank of America is now ending a free customer checking account that does not require a minimum balance.

“Big banks like Bank of America were bailed out by American taxpayers in 2008, and it’s just plain wrong for these banking behemoths to now take advantage of their customers by imposing large and artificial fees on their modest checking accounts,” Quinn said.

“Bank of America should listen to the more than 118​,000 people who have signed a petition online and let working families across Illinois keep their no-fee​ checking accounts.”

Earlier this month, Bank of America dropped its free checking account for customers with low balances and shuffled them into accounts ​that charge​ a $12 monthly fee – unless the customer has a monthly direct deposit of $250 or a minimum daily balance of $1,500.

A consumer petition on Change.org has received over 118,000 digital signatures. Click here to view and sign the petition:

The petition calls on Bank of America to keep providing free checking accounts and notes that in today’s economy “virtual transactions are the main and sometimes only way of paying bills or purchasing goods and services.”

“I encourage everyone to sign the Change.org petition, post it on Facebook and Twitter, and email it to your friends,” Quinn said.

Pat Quinn served as Illinois State Treasurer from 1991 to 1995 and championed no-fee lifeline checking accounts. In 1983, Quinn spearheaded the referendum movement that led to the creation of the Citizens Utility Board, Illinois’ largest consumer group, which is on the front lines fighting against unfair utility ​fees and rate hikes.

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Pat Quinn Delivers MLK Day Homily

Pat Quinn at the United Baptist Church in Chicago’s West Side.
Pat Quinn delivered a homily on Sunday, January 14, 2018 at United Baptist Church ​ to honor the Rev. Dr. Martin Luther King, Jr.’s legacy and remember his connection to Chicago and Illinois.​

“Dr. King believed in fundamental​ economic ​fairness – in housing, education, healthcare, and employment,” Gov. Quinn said.

“Today it is more important than ever to make sure we honor Dr. King’s legacy of economic justice and decency towards everyone.”

In January, 1966 – 52 years ago this month – Dr. King moved to an apartment at 1550 S. Hamlin on Chicago’s West Side​, a short distance from United Baptist Church.

Dr. King was invited to Chicago to combat discrimination and poverty that inflicted hundreds of thousands of people in the city.

The issues of poverty and economic injustice​ that Dr. King confronted are still present today, including the challenge of many consumers trying to afford extremely high heating bills in the cold of winter.

Just this week, Peoples Gas was allowed to proceed with a costly plan that will double natural gas bills on consumers​, making it extremely difficult for many people to afford​ to heat their homes​ in the cold winter months.

Statement by Pat Quinn on Donald Trump’s Recent Vulgar Comments

CHICAGO – Pat Quinn, former Illinois Governor and ​Democratic ​candidate for Illinois Attorney General, released the following ​statement in response to the Donald Trump’s recent vulgar comments:

“Donald Trump’s hateful, racist rhetoric has no place in America. As Attorney General I’ll make sure his hateful, unconstitutional policies aren’t enacted in Illinois.”

For more information about Donald Trump’s recent comments, click here.

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Back to the future: Pat Quinn rips a utility rate hike, and his foes

[Quinn] said more must be done…. “We’ve got to try to organize a grassroots campaign, in the best Illinois political tradition, to make sure consumers get a fair shake,” he said, waving a copy of literature from the Citizens Utility Board that he founded more than three decades ago.

But can’t the company make the case that costs are rising, Quinn was asked. “They have misled the public and the ICC time and again,” he replied. “We should stop them from their overspending.”

To read the whole article in Crain’s, click here.

Statement by Pat Quinn on ​the FCC’s Net Neutrality Vote

CHICAGO – Pat Quinn, former Illinois Governor and ​Democratic ​candidate for Illinois Attorney General, released the following ​statement in response to the today’s FCC party-line vote to repeal net neutrality:

“The FCC’s vote today to repeal net neutrality rules on a party-line vote is a blow to consumers everywhere. Today’s decision will allow broadband providers to decide what information people can access on the internet and how they are allowed to communicate with one another online.

“The internet is how families stay in touch with one another, how job searchers find opportunities, and how students learn about the world around them. Allowing big corporations to censor content they don’t want you to see or charge fees to access certain information hurts everyone in Illinois. I applaud Attorney General Lisa Madigan for her decision to appeal the FCC’s action.”

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Statement by Pat Quinn on Janus v. AFSCME

Pat Quinn, former Illinois Governor and ​Democratic ​candidate for Illinois Attorney General, released the following statement regarding Donald Trump’s support of Bruce Rauner’s attempt to attack public sector unions and their employees in Janus v. AFSCME:

“I am opposed to Bruce Rauner and Donald Trump’s attack on public sector unions and their employees. I support the amicus brief filed with the United States Supreme Court by state attorneys general – led by New York Attorney General Eric Schneiderman – that ​upholds a 40-year-old US Supreme Court precedent that protects the collective bargaining activities of public employee ​unions. The amicus brief opposes Rauner and Trump’s scheme to roll back worker rights across the country. As Governor, I supported the right of public employee unions to organize and collectively bargain for their members. See the US Supreme Court case, Harris v. Quinn.”

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