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Consumers Movings Savings Accounts

Consumers Movings Savings Accounts - Savings accounts are hard to keep full, especially with the recession and the holiday season approaching. Checking accounts are no better. That's why many customers are slipping away from banks and switching to community banks and credit unions, according to Boston.com.

Based on a poll by Zogby International, fourteen percent of U.S. adults have switched to a community bank or credit union in the last year. Why?

Sixty percent of that group said that they moved their accounts to "protest policies or behavior of large national banks," Boston.com reported. The second and third reasons were lower service charges and better rates, respectively.

Have you found yourself among this group who have switched their savings and checking accounts to smaller banks and credit unions?

Consumers Movings Savings Accounts
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