The Credit Union National Association (CUNA) reports that a whopping 650,000 Americans have joined credit unions since Sept. 29 — the date that Bank of America announced it would start charging a $5 monthly debit fee, a move it backed down on this week.
To put that in perspective, there were only 600,000 new members for credit unions in all of 2010.
No small victory for the 99%.
-Joe
Just wait and see how many bank acct closures you’ll see in a couple of weeks when our direct deposits finally go through to our CU accts.
LOVING my credit union.
