Posted 12 years ago on Oct. 21, 2011, 7:53 p.m. EST by emeflag
from Flagstaff, AZ
This content is user submitted and not an official statement
So why are you supporting your greedy too-big-to-fail bank?
Citigroup just reported a 74% increase in 3rd quarter profits of $3.8 billion. As well, Bank of America reported $5.9 billion in profits. As if this were not enough profit , these banks are now implementing new debit-card fees for their customers. For those getting tired of feeding their greedy bank, credit unions offer a great alternative. Did you know many credit unions offer free checking with no fees, no minimum balance, and free on-line banking? Credit Unions are non-profit organizations and support their communities by lending locally. Most Credit Unions have ATMs and many are part of the 25,000 "CO-OP ATM Network" providing you with free ATM usage anywhere in the United States. There is no reason to feel trapped by your bank. The Occupy Wallstreet protest movement is calling for "November 5th Bank Transfer Day" so that would be a good time to make the move to a credit union.