Eight months after Bank Transfer Day, Kristen Christian, its California founder, reiterated her gratitude to both industry leaders as well as frontline staffers for providing her a life-changing appreciation of credit unions, something that she said has made her a better American.
Bank Transfer Day founder Kristen Christian says she's grateful to the credit union industry while a Vermont Occupy activist says the credit is misplaced.
Some Southern California credit unions are looking to benefit from the Occupy Wall Street and Bank Transfer Day movements.
The House-passed, anti-big bank public funds bill geared to funnel $5 billion in state funds into credit unions and community banks cleared a new hurdle this week in the New Mexico Senate.
Consumers are being driven in higher numbers to credit union Web sites as a result of the media and government focus on big bank practices, according to NAFCU and CUNA.
The $8.5 billion BECU of Seattle cited recently as a favored financial institution in the media and Congressional focus on big bank practices is prepping for a February marketing campaign tapping into the "mad as hell" sentiment.
An anti-bank ad and Internet campaign started six months ago by the $343 million LA Financial Credit Union of Pasadena, Calif. was getting fresh attention this week resulting from the public furor over big bank practices.