Click Cover to Read Digital Edition



Shared Servicing & Outsourcing
Feb. 23-24
San Francisco
ABA Mutual Community Bank Conference
March 1-5
Gaylord Palms Resort
ABA Mutual Community Bank Conference
March 22 & 23
Marriott Marquis
Washington, D.C.
Card Forum & Expo
April 8-10
More events >  

About Bank Transfer Day

Bank Transfer Day: Marches Planned on Banks Nationwide
ABC News
More than 82,000 people have RSVPed to the movement's Facebook event, which is supposed to "ensure that these banking institutions will always remember the 5th of November," by sending a message "that conscious consumers won't support companies with unethical business practices."


‘Bank Transfer Day’ Gains Momentum on Facebook
ABC News
To help its attendees find a new banking institution, the event page, created by Kristen Christian, has includes links to help find a credit union in the United States, Canada and the United Kingdom.

Bank Transfer Day's Over. Bank Transfer Season Isn't
American Banker
Community banks and credit unions plan to keep pushing promotions in coming weeks as a way of maintaining momentum after Bank Transfer Day.

Did Credit Unions Exaggerate Their Gains from Banks?
American Banker
Credit unions attracted hordes of new members on Bank Transfer Day, thanks to public anger at big banks over bailouts, mortgage missteps and debit fee blunders, right?

Bank Transfer Day: a protest ... and marketing campaign
The Christian Science Monitor
A handful of regional banks and credit unions, even some that are publicly traded and not exactly Mom and Pop establishments, have taken to Twitter to promote themselves as alternatives to the biggest national banks that are the target of the protest.

Dump Your Bank Day: Can consumers put a serious dent in big banks?
Christian Science Monitor
Dump Your Bank Day, scheduled to coincide with Election Day, is similar to Saturday's Bank Transfer Day. This time, the Occupy Wall Street movement is behind it.

650,000 new members ahead of Bank Transfer Day
At least 650,000 consumers across the nation have joined credit unions in the past four weeks, reflecting consumers' reactions to rising fees at banks, according to a survey by the Credit Union National Association.

Tens of Thousands Keep Pace, Join Credit Unions on ‘Transfer Day’
CUNA estimates that, based on the results of its survey, more than 40,000 consumers joined credit unions on Nov. 5, “Bank Transfer Day.” About $80 million was recorded in new savings.

Credit Unions Eat Crow On Customer Numbers
American Banker
The Credit Union National Association is now saying that membership for credit unions grew by only a third of what it originally projected for the weeks before Bank Transfer Day.

Resentment Builds Ahead of Bank Transfer Day
If money talks, how loudly does $4.5 billion speak? That's the amount added in deposits at the nation's credit unions since Sept. 29, estimates the Credit Union National Association.

ICBA Urges Consumers: Go Local By Banking Locally with Your Community Bank
As many of the nation’s consumers consider switching banks, the Independent Community Bankers of America is reminding them that now is the perfect time to join the “go local” movement by banking locally with their local community bank.

“Go Local” Hits Keep Coming
Meanwhile, ICBA encourages community bankers to update their bank and branch information on the Community Bank Locator to take full advantage of the "Go Local" campaign.

ICBA Message Featured on CBS Jumbo Screen in Times Square
The Independent Community Bankers of America (ICBA) announced today that the association will take its “Go Local” Main Street message to Wall Street by featuring an hourly community bank–focused message on the CBS Spectacular jumbo screen in New York City’s Times Square throughout the holiday season.

Bank Transfer Day a boon to credit unions, small banks
Until banks report their fourth-quarter results early next year, it will be tough to say whether Bank Transfer Day or a similar campaign dubbed "Move Your Money Day" has had a noticeable effect on a U.S. banking industry dominated by a handful of multibillion-dollar banks.

Move Your Money Project
The Move Your Money project is a nonprofit campaign that encourages individuals and institutions to divest from the nation's largest Wall Street banks and move to local financial institutions.

Bank Transfer Day
An overview of Bank Transfer Day

Bank Transfer Day, by the Numbers
Here's a look at how Bank Transfer Day is shaping up, by the numbers.