Credit unions add 650K members/$4.5 billion ahead of 'Bank Transfer Day'
 

Those are pretty impressive numbers. I wonder how much larger it will grow tomorrow on official "Bank Transfer Day"?

tried to use a credit union but they wouldnt allow it because i have an adult related business. they can pick and choose their clients

I use them for Adult. Why did they accept me and not yourself? Must be something state relaited? :upsidedow

He was probably wearing a ski mask when he tried to open the account.

.

my bank called today to conduct a survey lol

i dont think switching is worth the headache
i have soooo many auto payments comign out of my bank it would frustrate me too much to change it all to save 100 a year ;/

Been using a credit union here since I was 7. Had a BoA account in Az, but hated the fees and rude tellers, so closed it shortly after opening it. Credit union for the win!

canadian credit unions can pick and choose their customers. elli.. you use a canadian one? is it for business or personal? i tried to use one for business

Tip: The First Gospel Church Credit Union is not the place to use :P

Being a bit facetious here. I use a regional federally chartered bank and have had good luck with them.

heard the story on NPR and they added that 650k = 1% of total bank accounts. so not sure if the big dogs are sweating yet

I've been with the same credit union since I was like 14 and would never think of switching.

My friend has used Credit Union for years. He gets reimbursed on all ATM fees, other banks fees, wire fees, etc...

"In 2009, major banks controlled 45 percent of checking account business, according to Mike Moebs, an analyst whose firm, Moebs Services, has been gathering publicly available data on banks for 28 years. He estimates that by the middle of 2012 at the latest, the big banks' share of that market will have fallen to a third, representing a loss of millions of customers and billions of dollars."

http://www.huffingtonpost.com/2011/1...usaolp00000008

I keep saying I am going to switch to a CU, and I need to do it......one day....

Canadian yes, and a personal account at this point, but opening a biz account with them next week (they approached me and offered a no-fees-unlimited deposits biz account.) Try asking at Coast Capital?

5 Tips for a Smooth Transition from big bank to credit union

http://news.consumerreports.org/mone...-saturday.html

Only BIG problem with all this is that the 5th falls on a Saturday, dunno about every state but in Michigan MOST banks are closed on Saturday sans Drive up service till 1pm

Not too sure if you can close an account via drive up window.

"Remember Remember The 5th of November......"

-Loki-

I just search and all Bank of America locations in San Francisco are open Saturdays from 9am-2pm also the credit unions are open.

I think most major bank are open on Saturdays, they just have limited hours...

So the "Bank Transfer Day" is on a Saturday? Why??

I closed my Wells Fargo account a few months ago, and the 21 year old guy they had working the account desk was seriously convinced that WF had lost so much money due to new regulations that they were about to go under. A few days later, their earnings came out. :1orglaugh

Unless you deal in cash, not sure why anyone needs a local brick & mortar. USAA and Charles Schwab offer checking accounts with more features than just about every single bank and with no fees at all. Seriously, you can pull out money at a strip club and they'll refund the $15 fee. And of course, depositing from your phone kicks ass.

I checked out Ally Bank too, I'm looking into USAA too (since I can get it). Really those ATM fees add up, along with other fees.

coast capital was who i tried. and my friend who works at another said that all credit unions wont accept adult, alcohol or i think tobacco related business because they have to "answer" to their membership

Hmmm VanCity?

yes, that was it

$4.5B is peanuts, but I'm glad to see it either way. Always good to support your community.

Similar with ING.

Sure, but is that drive up service only OR inside teller service as well?

Around here it's drive up only 9am - 1pm on Saturdays, that's what I was saying.

-Loki-

Morons watch too many movies and didn't think to look at a calender would be my guess..

:1orglaugh:1orglaugh

I'm pretty sure it's because of this movie which seems to be a cult classic for anyone whom protests anything these days. It's why you see all those stupid masks at all the protests.

There are many different credit unions. Just because the one declined you doesn't mean another will.

I tried a few different banks over the years and got sick of them. I was with Washington Mutual early in my adult career and they started holding my checks because they thought since they were from an adult company that they were going to bounce. I ended up leaving them and going to a credit union and have been their since.

Found out I'd save $200-300/month on transfer fees and ATM fees, I think I'll give it a shot...

I can't stand banks. I wish there was some way in this modern world to not use one, but not the case. lol

Saturdays
 

I thought only Corpus Christi was that backwards.
Glad to be back in KC, bank here is open 7 days a week. Short hours on holidays, such as Christmas.