November 5th is Bank Transfer Day. It's meant to make a statement, it's meant to prove that when people come together they can achieve anything. But according to a report that came out yesterday (November 3rd) it seems that there has already been progress.
"The Credit Union National Association (CUNA) reports that a whopping 650,000 Americans have joined credit unions since Sept. 29 — the date that Bank of America announced it would start charging a $5 monthly debit fee, a move it backed down on this week."
- Think Progress
The ironic aspect of moving your money away from big banks is that you will actually save money. Transfer your money, to save money! And if you can't do it by November 5th, it's all right, as long as you make that decision and act on it.
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