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The found of Bank Transfer day has claimed has claimed that the whole "day" was misunderstood. The idea was never to have a massive one day move from big banks to credit unions, but rather for the day, November 5, to be the deadline of a broader movement. It turns out that the movement actually had some heft behind it... According to ABC News, In October alone Credit Unions around the country gained 650,000 new customers and $4.5 billion were moved out of major banks. That is obviously a sliver of total bank deposits, but banks have been sent a...

On the day when people across the country are moving their money out of big banks, eight protesters outside a bank in Dallas were arrested. The national movement is called Bank Transfer Day, a response to plans by Bank of America and other large financial institutions to add fees to debit card users. But it was Occupy Dallas protesters creating the scene on Saturday, where an estimated 150 people joined in, marching from bank-to-bank in downtown Dallas. Police officers were close behind, watching every move. "We had the banks that we wanted to go to, and from what happened at...

NEW YORK (AP) -- It's moving day for bank customers. A grassroots movement that sprang to life last month is urging bank customers to close their accounts in favor of credit unions by Saturday. The spirit behind "Bank Transfer Day" caught fire with the Occupy Wall Street protests around the country and had more than 79,000 supporters on its Facebook page as of Friday. The movement has already helped beat back Bank of America's plan to start charging a $5 debit card fee. It's not clear to what extent the banking industry's about-face on debit card fees will extinguish the...

Banks: Using the Guy Fawkes mask emblem of Occupy Wall Street and the "Anonymous" hacker group, leftists are planning a big Nov. 5 to-do to pull their money from big banks and put it into small banks. It's economic idiocy. Led by the likes of MoveOn.org, Arianna Huffington and a supposed Los Angeles art gallery owner named Kristen Christian, the leftist game of "blame the banks" for the acts of Democratic politicians is coming together Friday — Guy Fawkes Day in England — in an extravaganza of events alternately titled "Bank Transfer Day,"

In about 18 days, more than 50,000 people plan to send a message to banks: Goodbye. In an event titled “Bank Transfer Day” thousands are signing up to leave large banks in favor of credit unions on or before Saturday, November 5, over what some call unethical practices. “If you don’t believe in a company’s practices or feel that a company’s practices are unethical, then, very simply, you should not have money with that company,” the 27-year-old creator of the event, Kristen Christian, told KTLA Live. “I was tired of paying outrageous fees to banks for a severe lack of...