Tag Archives november 5th bank

Cast your vote: “Everyday is Bank Transfer Day”

Matanzas Bank Transfer Day was November 5th 2011. And yesterday alone, 1,000’s of Americans left big banking. Today, 1,000’s more will leave. And tomorrow 1,000’s more Americans will leave big banking…many of them for good. Both Conservatives and Liberals are leaving too. It is good to see that this is one issue we can all agree upon. Even Sandy Weill, former Chairman (and creator) of Citigroup is abandoning big banking. Weill commented, “There is such a feeling among people, […]

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Are Credit Unions FDIC Insured?

For anyone who works as a financial professional, it is just a matter of time until they must answer the question, “Are credit unions FDIC Insured?” And yes, I get this question quite often when I am referring folks to their local credit union. Fact is, credit unions have better insurance than the FDIC. To understand how […]

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How to avoid ATM fees

How to avoid ATM fees $7,000,000,000. Yup, it is likely that ATM fees alone will generate 7 billion dollars in revenue this year for the banks. My question to you is “How much of that 7 billion will come from your bank account?” I spent hours surfing the Internet looking for “good advice” on ways to keep more […]

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Help Strengthen the Bank Transfer Day Campaign

Have you heard of Bank Transfer Day? The banks would hope that you never do so I feel it is my responsibility to tell you about it. It is only because of Facebook and other forms of social media that the banks are losing their grasp on middle American families. Real (non-bank) financial education is becoming freely available to all […]

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