Social media and other websites continue to show surges in interest about credit unions on Tuesday as Bank Transfer Day approaches.

The anti-bank ferment sparked by the Bank of America debit fee announcement two weeks ago also has prompted CUNA leadership to speak up in an attempt to tamp down possible fears about bank runs the nascent movement might trigger.

Bank Transfer Day is a movement sparked by a Facebook posting by a Los Angeles art dealer that quickly went viral.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.