Bank Transfer Day: Palisades FCU Offers $150 Bonuses
With a recent 50% increase in new checking accounts, Palisades Federal Credit Union plans to keep the momentum going with $150 bonuses to new interest checking account holders on Saturday.
The $130 million credit union in Pearl River, N.Y. said a surge in new checking accounts in October was the largest increase this year.
“We have nothing against banks and value their contribution to the local economy,” said Anthony Pili, vice president of sales and marketing at Palisades FCU. “The recent grassroots movements have definitely heightened credit union awareness and informed consumers that they do have options when it comes to where they bank.”