November 5 is Bank Transfer Day
The description and goal of Bank Transfer Day is straightforward: If you currently have checking and savings accounts (deposit accounts) with a big bank, the organizers encourage you to remove all of your funds, close your accounts, and place your money in a new deposit account with a not-for-profit credit union. -FearLess

Bank Transfer Day on Facebook

A FearLess Field Guide to Closing Your Bank Account

Consumer Reports - Bank Transfer Day: 5 tips for a smooth transition
Submitted by eric3579
Comments (showing 5 of 5)
What a great idea. I'm sure the big banks won't immediately pass on whatever they lose to the hapless folks who have mortgages and whatnot with them.
written by Sarzy

written by geo321

Good point, Sarzy - oppose the Big Banks... stay with the Big Banks!

I cut my ties with Australia's Big 4 a few years ago. Happy days!
written by kymbos

written by dystopianfuturetoday

Awarding eric3579 with one star point for this contribution to VideoSift - declared quality by dystopianfuturetoday.
written by siftbot

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