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Fee Increase Attempt Inspires 'Dump Your Bank Day'

suraj.sun writes with this excerpt from CNN Money: "Customers are dumping their banks in droves ahead of the nationwide 'Move Your Money' and 'Bank Transfer Day' movements this Saturday. Given the recent spotlight on attempts — and ultimate failures — by some of the nation's biggest banks to tack on new debit card fees, thousands of disgruntled consumers have already either left or pledged to leave their current bank for a community bank or credit union, which are known for having fewer and/or lower bank account fees. ... At least 650,000 consumers have already joined credit unions since Sept. 29, the day Bank of America announced plans to impose its controversial $5 debit card fee, according to a nationwide survey of credit unions by the Credit Union National Association."

3 of 667 comments (clear)

  1. Re:I did by justin12345 · · Score: 5, Funny

    What the hell is a check?

    --
    Cool art gallery, if you're into that sort of thing.
  2. Re:I did by blair1q · · Score: 2, Funny

    It's this piece of paper with money on it that you get for the first couple of weeks after you get a job. You'll see someday.

    It's kind of like bitcoin, but without the constant anger over being sniped.

  3. Re:I did by Arlet · · Score: 5, Funny

    So, it's like a direct deposit, but printed out on a piece of paper ? Sounds very cumbersome and archaic.