Saturday, November 05, 2011

Bank Transfer Day is here!

We spent the last few weeks getting our financial obligations in order and transferring most of our funds in Bank of America accounts to a local credit union. We are not the only ones. In the month of October, 650,000 customers transferred $4.5 BILLION to credit unions. Other people have transferred funds to local banks. Maybe a massive redistribution of money away from the big banks will jog them out of arrogance and encourage them to be more socially responsible. In the meantime, we are pleased to support a local business whose customers are the stockholders.

Happy Bank Transfer Day! Remember, remember the 5th of November!

1 comment:

  1. Congrats on leaving Bank of America and joining a credit union. It's definitely time for these megabanks to shrink in size.