".....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.
“These results indicate that consumers are clearly making a smarter choice by moving to credit unions where, on average, they will save about $70 a year in fewer or no fees, lower rates on loans and higher return on savings,” said CUNA President Bill Cheney."
http://thinkprogress.org/special/2011/11/03/360804/650000-americans-credit-unions/Remember: Tomorrow is Pull Your $$$$$ Out day!
If you have not yet done so, tomorrow is the perfect time to do it.
Many CUs will help you do it automatically, even setting up your direct deposit/bill pay for you!