Banks Lose 650,000 Customers To Credit Unions Says Recent Survey
November 8, 2011 2:25 PM When Bank of America announced it would be charging customers a $5 monthly debit card fee, their customers said enough is enough. Almost immediately there were petitions and according to a recent survey, more than 650,000 customers with B of A and other big banks, closed their accounts and went to a credit union. According to CUNA, the Credit Union National Association, nearly 80% of it’s 5,000 member institutions saw their customer numbers jump dramatically since September, with nearly $4.5 billion in new savings accounts.
Even more telling is the fact that more than four in every five credit unions experiencing member growth since September 29th attributed the growth specifically to the newly announced bank fees, or a combination of consumer reactions to the new bank fees plus, the social media-inspired ‘Bank Transfer Day,” November 5th.
“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.
By the way, Bank of America and other banks that announced the new fee structure have since rescinded those new fees entirely.
What Would It Sound Like To Re-Enact Your Conversations With a 2-Year-Old With Another Adult Man?
May 23, 2013 8:00 PM Every dad knows what it's like to have a conversation with their toddler. Imagine if you will, re-enacting that conversation with another adult man playing the part of your 2-year-old daughter for example. The conversation would be the same, but the dynamic is totally different. One YouTube user decided to do that very thing.
Nashville Season One Review – Drama Galore
May 23, 2013 6:00 PM If you enjoy twists and turns of a police drama and a sexy soap with all the fun of the country music business, then you should be watching Nashville on ABC. The show wrapped its first season last night and it's been announced they're back for a second in the fall. That's good because what a cliff hanger...or hangers actually.
Country Whuppin’ – Jon Pardi Vs. Lauren Alaina
May 23, 2013 3:22 PM Jon Pardi is one win away from the Country Whuppin' Hall of Fame! To make that happen, he'll have to beat someone who's made it there twice. Let's see if the Pardianimals can hold off Lauren Alaina's new single in today's Whuppin'!
Indiana Budget Allocates More Money for Workforce Development Program
May 23, 2013 11:47 AM Indiana plans to invest more money in the state’s “WorkIN Indiana” program, as a recent peek at the new budget indicates that about $5 million will be allocated to help support things like job training, career certifications and high school equivalency degrees.
Kmart Introduces New Big Gas Savings Commercial [VIDEO]
May 23, 2013 10:53 AM From the store that brought you the controversial yet very funny, 'Ship My Pants' ad, we now have another spot that will force you to listen closely.
11 Diving Fails to Prep You for Summer
Memorial Day is coming up soon, which means the beginning of swimming season is quickly approaching. This also means plenty of painful belly flops, fully-clothed people falling into pools and our latest hilarious discovery, diving fails.
Toby Keith Heads Home to Oklahoma, Surveys Damage From Deadly Tornado
Toby Keith only recently got back into the United States after his latest USO tour, and was actually in Moore, Oklahoma right before the deadly tornado struck on Monday (May 20), but left for Nashville to record new music just hours before it touched down. When he heard about the wreckage and devastation the storm caused, he returned to his hometown the next day, ready to help and assess the damage.
Blake Shelton and NBC Organizing Benefit Concert for Oklahoma Tornado Victims
Country star and 'The Voice' coach Blake Shelton is teaming with NBC to organize a benefit for victims who were struck by the deadly tornado that devastated his home state of Oklahoma on Monday (May 20) -- and he's calling on some famous friends to help out.
Major National Anthem Flub Before Hockey Game
May 22, 2013 11:55 PM The national Anthem is one of the toughest songs to sing that there is. There have been some great versions and some really bad versions over the years - Rosanne - just sayin'. We had some great versions at the Ford Center during the recent Icemen season and just the other night, a little boy did a killer version of the anthem before the Otters game at Bosse Field that was awesome... but sometimes.
How Do You Pronounce GIF? The Creator Says We’re All Wrong Because It’s Pronounced ‘JIF’
May 22, 2013 8:00 PM There are hundreds and thousands of formats in today's computer world, but the GIF format stands alone and was even named the "word of the year" in 2012. GIF stands for 'Graphic Interchange Format'...whatever the heck that means, but it has changed computer animation as we know it. It has always been pronounced with a hard "g", like gift and apparently, that is absolutely WRONG...who knew?