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Bank Transfer Day Archive
Posted on March 6, 2012 | No CommentsMore customers switched over to credit unions as a result of new bank fees, frustrations with Wall Street and Bank Transfer Day. Now, Bank of America is testing new monthly fees ranging from $6 to $9, and in some cases, this fee may reach $25....
Posted on March 1, 2012 | No CommentsWould you like to move your money to the ILWU Credit Union? Well, here’s a few steps you can take to make the process much easier. First, don’t close out your existing bank account(s) right away. You may have pending payments (via Bill Pay or automatic payments), so...
Posted on November 8, 2011 | No CommentsThe “Move Your Money” project was created and launched by Arianna Huffington, founder of The Huffington Post. The project encourages people to move their money out of the big banks and into locally-owned community banks and credit unions. Over the past four weeks, it is...
Posted on November 2, 2011 | No CommentsOccupy Wall Street Movements and Bank Transfer Day – both events have made huge headlines. We’ve all seen and heard the talk about the ‘backlash’, the portrayal of greedy shareholders and angrier consumers and concerned politicians. Even President Obama had a few words to say about the...
Posted on October 17, 2011 | No CommentsMany credit unions are carefully monitoring their new membership activity as Bank Transfer Day approaches. The Facebook event has over 43,000 attendees on its page with more expecting to follow. Bank Transfer Day encourages everyone to remove funds from major banking institutions and into credit unions on...