Seattle Ranks No. 1 in Conversion to Credit Unions

April 20, 2015

By Gene Balk

Anger at big banks may have subsided, but credit unions are still gaining in the Seattle area.

Remember Bank Transfer Day?

I didn’t either, but it got a lot of press back in 2011. In September of that year, Bank of America announced a $5-a-month debit-card fee. Anti-big bank sentiment — already strong in the wake of the Wall Street bailouts — hit near fever pitch. Activists encouraged consumers to switch en masse on Nov. 5 from commercial banks to not-for-profit credit unions…

Read the Full Story From the Seattle Times

 

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