bank of america

650,000 People Joined Credit Unions In Just The Last Month

650,000 People Joined Credit Unions In Just The Last Month

In the month following the announcement of Bank of America’s (subsequently scrapped) plan to charge a $5 fee to some of its debit card users, at least 650,000 Americans consumers have opened accounts at a credit union. According to some reports, that’s 50,000 more than the number of new accounts opened in all of 2010. [More]