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CONTRIBUTION · 19th October 2011
Bank Transfer Day
‘Bank Transfer Day’ Gains Momentum on Facebook.

In about 18 days, more than 50,000 people plan to send a message to banks: Goodbye.

In an event titled “Bank Transfer Day” thousands are signing up to leave large banks in favor of credit unions on or before Saturday, November 5, over what some call unethical practices.

Read ABC News Consumer Report Here

While the Bank Transfer Day movement acknowledges the enthusiasm from Occupy Wall Street, the Bank Transfer Day movement was neither inspired by, derived from nor organized by the Occupy Wall Street movement, and the Bank Transfer Day movement does not endorse any activities conducted by Occupy Wall Street.

Together we can ensure that these banking institutions will always remember the 5th of November!! If the 99% removes our funds from the major banking institutions to non-profit credit unions on or by 11/05, we will send a clear message to the 1% that conscious consumers won't support companies with unethical business practices.

General information
• Research your local credit union options
• Open an account with the one that best suits your needs
• Cancel all automatic withdrawals & deposits
• Transfer your funds to the new account
• Follow your bank's procedures to close your account on or before 11/05

Re-invest in our local communities through the transfer of funds from "big banks" to credit unions.

• Contact Bank Transfer Day
Email - info,,,
The page in the cause category on FB called Bank Transfer Day where you can:

• RSVP to Bank Transfer Day
• ,,,BankTransferDay on Twitter
• Download Flyers

Find a Credit Union in the United States
Find a Credit Union in Canada
Find a Credit Union in the United Kingdom

Read the FAQ on the Facebook Page in their notes.
• Why was BTD started?
• Who's behind BTD?
• How do I join in?
• Why can't I invite people?
• Why credit unions?
• Won't this cause another depression?
Click on the attachment below to see this image of all bank mergers.
Click on the attachment below to see this image of all bank mergers.
I like my Bank
Comment by James Ippel on 26th October 2011
I have been with the same bank for 59 + years. Yes, I pay a small monthly fee, but the services I get are well worth it.
I have always been treated with respect, and received excellent service. Yes, there has been a bump or two over the years, but were quickly addressed by the institution.
I have no plans to change lanes this late in time. My experience with Credit Unions have been less than satisfying. Yes, at one time I also dealt with the local one.
Re: What if we have no money to transfer??
Comment by Roy Harding on 20th October 2011
Then nothing in this article affects you!!
What if we have no money to transfer??
Comment by Janice P. Robinson on 20th October 2011
Check These Out
Comment by Roy Harding on 20th October 2011
Have a look at either of these:

I've been with one of them for over a decade. I have NEVER paid a service fee - for ANYTHING, and I receive interest on ALL my accounts (chequing and savings) every month. I'll grant that the interest isn't MUCH - but I still receive it. If you are like most folks, who don't need complicated banking services - a virtual bank may be the answer. (I do, for a variety of reasons, have a business account at one of the "normal" banks, and I gnash my teeth every month when I have to pay fees for nothing more than letting the money sit there - but ALL my personal banking is at a virtual bank).

If you're still paying banking fees - you need to do some research.

Those two I linked to are the ones I happen to know about - there may be others out there. And no - I'm not employed by either of those I've linked to.