Bank Transfer Day

His Financial Goal: Dump His Bank and Join a Credit Union

Everyone has things they want to improve about their financial lives -- and we in the AOL newsroom are no exceptions. So we asked money expert Jean Chatzky for advice on how to reach our goals. Today: A DailyFinance reporter who's ready to break up with his bank.

Could Your Next Stockbroker Be a Credit Union?

Credit unions, with their favorable interest rates and low fees, can be good alternatives to big commercial banks. But if you're an investor looking for a one-stop shop, you may shun them for their lack of online stock trading services. Well, don't: Many now offer online brokerage accounts, too.

Americans Keep Fleeing Banks, Flock to Credit Unions Instead

Credit unions have a long way to go before they threaten the financial dominance of commercial banks. But Americans are moving billions of dollars of their business in that direction every year, and there's good reason for that trend to continue -- and for you to jump on the bandwagon.

The Downside of Credit Unions

Credit union membership is at an all-time high, thanks to our rising disillusionment with traditional banks. Banks, after all, are run by executives aiming to enrich stockholders, while credit unions are owned by, and run for the benefit of, their members. But that doesn't mean credit unions are right for everyone.

Fee Backlash Cost Big Banks Over 2 Million Customers

Switching banks is a hassle, but outrage over the big financial institutions' efforts to pile on new steep fees pushed more than 2 million people to close their accounts over the past 3 months. Is Bank Transfer Day becoming Bank Transfer Year?

Send Credit Card Banks a Message, and Save Money

Remember Bank Transfer Day? Well, mark your calendar: Dec. 11 is being publicized as "Balance Transfer Day," with Americans urged to transfer their credit card balances from high-interest cards to low- or no-interest ones.

The Long-Term Relationship You Just Can't Quit

For all the anti-bank anger erupting across the country, relatively few of us are actually parting ways with our significant financial institutions because of it. In the past six weeks a mini bank-run sent 700,000 new customers to credit unions. But that's hardly noticeable on the scale of all U.S. banking customers.

Bank Transfer Day: Small Protests, Big Changes

Did Bank Transfer Day work? Over the weekend, many Americans came out to protest big banks, and while there's no hard data yet to gauge the day's impact, credit unions around the country are reporting a continuing upsurge in interest. And the protests don't appear to be fading.

Resentment Builds Ahead of Bank Transfer Day

On Saturday, tens of thousands will march, protest and move their money out of big banks. But plenty of Americans haven't waited for Bank Transfer Day. For Frank Sheldon of Seattle, his journey to a credit union started in 2008 when his old bank was absorbed by J.P. Morgan Chase.

Will Bank Transfer Day Be a Real Win for Credit Unions?

Like some other recent revolutionary movements, Bank Transfer Day had its genesis on Facebook. But can this grassroots rebellion against the nickel-and-diming of the big banks actually accomplish anything, and how much will the nation's credit unions really benefit?