A couple weeks ago, we told you about Bank Transfer Day, a grassroots Facebook effort urging people to shift their funds to credit unions before November 5th in order to stick it to the bigger banks. It seems like it's actually happening. Local news outlets across the country have been reporting huge rises in applications to the nonprofit institutions. Some credit unions are seeing a 30 percent uptick; others have doubled their membership. In September, the National Association of Federal Credit Unions reported a 350 percent increase in web traffic to its online credit union locator. And more than a handful of the customers are volunteering their reason: They're pissed off at the big banks.
I would really like to get in on this opportunity to give the banks a unified giant middle finger, but sadly I am somewhat ahead of the curve as I moved my money to a Credit Union over eighteen years ago. My loans are through the credit union, as well as my credit cards, so essentially I do very little to support the banks.
Yeah I know, I'm pretty awesome.
However it is certainly not too late for all of YOU to send these financial institutes a message by withdrawing your hard earned money, stopping for a moment to bare your ass in the bank's general direction, and walking to the nearest credit union and depositing you money in a place where it can be used to benefit both you and your fellow customers while making you feel part of a sharing community.
Essentially socialism at it's best.
But remember, that word doesn't scare US.
