Big banks see backlash on Bank Transfer Day
FRESNO, Calif. (KFSN) -- A nationwide backlash took place on Saturday against big banks. People right here in the Valley closed their bank accounts and urged others to join credit unions.
The event called, Bank Transfer Day, urges bank customers to close their accounts in favor of smaller credit unions. Consumers banded together after Bank of America announced plans to charge people a $5 fee to use their debit cards. The bank dropped the proposed hike after a nationwide backlash.
Camille Russell supports Bank Transfer Day. She says, "I am starting the account here because I am so disgusted with the business practices of the major banks." Russell hopes that moving her money will make a difference.
Bank Of America would not comment on Saturday's movement. More than 80,000 people nationwide are supporting Bank Transfer Day Facebook.
bank of america, occupy wall street, business, mariana jacob
- Reward raised to $100K to find Ryan Rodriquez 55 min ago
- Fresno police target gangs in new operation
- Local heroes honored for bravery in Fresno
- Fresno Co. supervisors OK preliminary marijuana ban
- Man shot several times in Central Fresno
- NTSB: Asiana captain worried about visual landing
- 2010 Greyhound Bus crash lawsuit settled
- $20 thousand reward for missing Fresno man
- Ex-Fresno paralegal found guilty of murder
- Uruguay legalizes sale, production of marijuana
- Warming tent setup for homeless in Merced County
- Debate on Fresno's water rate hike gets heated
- World leaders, South Africans honor Mandela
- Lemoore Naval Air Station pilots return home
Most Viewed StoriesMost Viewed Photos