The Northwest Credit Union Association said more than 2,100people switched to a credit union on Bank Transfer Day in Oregon and Washington state.
|The NWCUA said Oregon's 660 new members and Washington's 1,430new members comprised 5.3% of CUNA's national estimate of 40,000consumers who opened new credit union accounts on Saturday. A totalof $2.9 million was moved in the two states, the trade groupsaid.
|Between Sept. 29 – the day of Bank of America's $5 monthly debitfee announcement – and Oct. 31, 10,700 new members joined in Oregonand 23,000 in Washington, more than 22% of the total growth of153,174 in all of 2010, the NWCUA said.
|“Credit unions around the nation are experiencingwell-deserved fourth quarter growth following what bankers have done to themselves in the marketplace, and Oregon andWashington are no exception,” said NWCUA CEO John Annaloro.
|CUNA has said more than 650,000 new credit union members joined between Sept.29 and Nov. 3 in the run-up to Bank Transfer Day and that another40,000 signed up on Nov. 5 itself.
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