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Bank Transfer Day Movement Deals

Small banks and credit unions are offering deals (including an 11.5% 6 month CD rate) in response to the Bank Transfer Day movement. Although the official transfer day has past some of these financial institutions are still offering deals to entice you to switch your accounts over. 

Whether or not the movement was successful was debatable but according to a survey by Credit Union National Assocation (CUNA), at least 650,000 consumers have joined credit unions within the last four weeks. The CUNA release a report titled “Early reports show Bank Transfer Day success”, which you can read here: Read More.

Below is al ist of some of the offers on Bank Transfer Day:

WV United FCU Offers 11.5% CD Rate

New members who move their account relationships to WV United FCU will be eligible to open a 6-month CD with an APY of 11.5% on balances up to $2,000. To qualify, the new CU member must open a checking or debit account, initiate direct deposit of their paycheck, get a debit card, and move their auto withdrawals or utilize EasyPay bill pay: 11.5% CD Rate Information.

American Heritage FCU Offers Cash Bonus

American Heritage Federal Credit Union is offering new CU members up to $130. New members who open a checking account by 11.30.2011 with direct deposit will earn $50 and an additional $50 for their first bill pay. They will also receive a $25 Independence Check Card reward and $5 e-Statement reward. $130 Offer Information.

Cash Bonus Offer at MidFlorida Credit Union

MidFlorida Credit Union will have free drinks and snacks on 11.05.2011 to celebrate Bank Transfer Day. Additionally, new customers who open a checking account by 11.30.2011 and sign up for direct deposit of at least $500 will receive a $127 cash bonus. $127 Cash Bonus Information.

Co-op Services Offers $105 for Switching

New Co-op Services customers who shred their bank debit card and open a free Co-op Services checking account with direct deposit, e-Statements, and debit card will receive $105. $105 Offer Information.

 
Author: Robert Till
November 8th, 2011

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