Did You Participate In Bank Transfer Day?

Posted by | November 5, 2011 21:44 | Filed under: Top Stories

Submitted by Airedepalaz

Consumers stood up for themselves Saturday, with participants closing bank accounts in favor of credit unions, but did it make a difference?

The spirit behind “Bank Transfer Day” caught fire with the Occupy Wall Street protests around the country and had more than 79,000 supporters on its Facebook page as of Friday. The movement has already helped beat back Bank of America’s plan to start charging a $5 debit card fee…

“It’s too little, too late,” said Kristen Christian, the 27-year-old Los Angeles small business owner who started “Bank Transfer Day.” She already opened accounts at two credit unions in preparation for cutting ties with Bank of America this weekend.




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