Popular Posts

▼

Monday, October 10, 2011

Online Banks Booming As Angry Customers Flee Financial Giants

More and more bank fees are nudging some customers to switch

While thousands of Americans unleash their anger at big banks in protests around the country, many more are registering their dissatisfaction at their keyboards.

In the wake of Bank of America's announcement that it is adding a new $5 monthly fee for debit card use, online-only banks are seeing a wave of new business.

On Friday PerkStreet Financial had twice as many new customers sign up as usual. The next day even more users signed up.

"The Bank of America news woke everyone up and spurred change," said Perk Street's CEO Dan O'Malley in a phone interview.

at

2 comments:

  1. AnonymousOctober 10, 2011 at 4:24 PM

    dont the dummies realize they are STILL in a BANK whether there are bricks or not?

    ReplyDelete
  2. AnonymousOctober 10, 2011 at 11:27 PM

    4:24 PM

    Right over your head.

    ReplyDelete

Note: Only a member of this blog may post a comment.