Monday, December 19, 2011

Credit Unions In The Green Thanks To Occupy Wall Street

Credit Unions Have Successful Year Thanks To Occupy
     The Occupy Wall St. movement is about about many things, the haves and the have nots and the disparity between the two. It's also about personal action be it sitting in a park for a few months to tell multi national corporations you won't stand for it any more. Or shutting down the west coast ports of the United States to stop commerce.
Credit Unions
     One of the things that Occupy did though was it adopted someones simple idea of a bank transfer day because let's face it occupy doesn't like big banks and they thrive on money so you deprive them of what they thrive on. So the date was set. November 05, 2011 and the Facebook page set up for bank transfer day got over 61,000 likes can you imagine that. So to turn those likes into action though is a tall order.  But get action they did. CUNA the organization of Credit Unions reports that over 700,000 new members joined their member credit unions leading up to bank transfer day can you believe that number. So I think credit unions will have a very good year indeed they just have to capitalize on this opportunity that has been given to them by this black swan event. Treat these new customers right and give them good service and they will sing your praises to all of their Friends. If each of these new customers brings you one new customer from another bank you will be set.
     So in my perception this is the biggest thing that Occupy Wall St. has accomplished and it seems like it was very simple, what else that's very simple that people could get behind could they accomplish if they set their minds and agenda to it.?
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