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Nov 10, 2011
11/11
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credit unions. according to the credit union national association more than 40,000 people joined credit unions and brought in some $80 million with them. grass roots movement started on facebook and encouraged people to switch banks in protest of new fees, including the $5 per month debit card charge. bank of america has since dropped the plan. >>> well, things are looking a little bit better this morning for wall street after more news on italy's pending change in leadership. for more on that let's turn to bertha coombs at cnbc world headquarters. >> good morning. we have futures pointing to a 1% pop at the open if things continue at this rate. something is happening in grease. the vice president is likely to be the new prime minister. now kpst expect that had prime minister will step down. after the vote on the the budget he will step down. they had a bond auction this morning. it went better than expected. so the dow is coming off a 3% plunge. falling 389 points to 11,780. the nasdaq lost more than 100 points to 2621. the number of homeowners receiving foreclosure notices jumped 10% from september. it'
credit unions. according to the credit union national association more than 40,000 people joined credit unions and brought in some $80 million with them. grass roots movement started on facebook and encouraged people to switch banks in protest of new fees, including the $5 per month debit card charge. bank of america has since dropped the plan. >>> well, things are looking a little bit better this morning for wall street after more news on italy's pending change in leadership. for more...
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Nov 5, 2011
11/11
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billion dollars actually in new savings accounts, according to a national survey of credit unions by the credit union national association, by the end of this weekend, the number of accounts that the credit unions and community banks could actually grow by tens of thousands more. this movement was started, as you know, by a facebook user and former bank of america customer. there are now over 81,000 people attending bank transfer day on her facebook page. the big banks are keeping mum whether they've seen an uptick in account closures in recent weeks, but when asked to provide a statement on bank transfer day, bank of america declined to comment. a spokesman says the following regarding the dent fees. >> we've listened to our customers and decided that given the feedback and the competitive conditions in the marketplace that we would not proceed with the planned fee. and others have not been shy about the new business they've been enjoying. one says a new account opening september and october were up 38% from a year ago. and that is just joining the several other credit unions that are seeing an up tick in business. mean
billion dollars actually in new savings accounts, according to a national survey of credit unions by the credit union national association, by the end of this weekend, the number of accounts that the credit unions and community banks could actually grow by tens of thousands more. this movement was started, as you know, by a facebook user and former bank of america customer. there are now over 81,000 people attending bank transfer day on her facebook page. the big banks are keeping mum whether...
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Nov 6, 2011
11/11
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. >> the credit union national association says they opened 650,000 new accounts just last month. that's the same number of accounts opened in all of 2010 at those credit unions. >>> many people whose homes are under water financially in san francisco decided to tie their protest to banks in the district to the bank transfer day efforts. >> banks got bailed out we got sold out. banks got bailed out. we got sold out. >> the group marched at five bank branchs and called on executives to reduce the interest rates to competitive rates as well as modify loans by reducing principle in some cases. >> right now my mom is losing her home to foreclosure. she has been dealing with it for two years. we are protesting so that the banks can help us with the foreclosures with modifications to change their policies. so that they can help not only our individual case but the whole community. >> by the way, the excelsior district has the highest foreclosure rate in the city and the group targeted city bank chase and u.s. bank. >>> in the south bay a 14-year-old girl was shot to death and three frien
. >> the credit union national association says they opened 650,000 new accounts just last month. that's the same number of accounts opened in all of 2010 at those credit unions. >>> many people whose homes are under water financially in san francisco decided to tie their protest to banks in the district to the bank transfer day efforts. >> banks got bailed out we got sold out. banks got bailed out. we got sold out. >> the group marched at five bank branchs and called...
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. >> the credit union national association says 650,000 people switched to credit unions last month.byway of comparison they had 600,000 customers open accounts in all of 2010. >>> the gop presidential hopeful herman cain was back before the crowds trying to bring a little normalcy to the campaign. >> have i been in washington all we -- i have been in washington all week, and i have attracted a little bit of attention. >> cain has been doged all week by allegations of sexual harassment from at least three former employees. one of those women released a statement through her lawyer. details though were lacking. >> mr. cain knows the specific incidents that were alleged. my client filed a written complaint in 19ninety 9 -- 1999 against him specifically, and it had very specific incidents in it. >> aside from the statement, the woman declined to revisit the incident any further. two other women have made similar allegations against cain. he maintains he has never sexually harassed anyone. cain is taking his campaign to late knitel vision. he is scheduled to appear on jimmy kimmle live o
. >> the credit union national association says 650,000 people switched to credit unions last month.byway of comparison they had 600,000 customers open accounts in all of 2010. >>> the gop presidential hopeful herman cain was back before the crowds trying to bring a little normalcy to the campaign. >> have i been in washington all we -- i have been in washington all week, and i have attracted a little bit of attention. >> cain has been doged all week by allegations of...
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Nov 5, 2011
11/11
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KOFY
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. >> the credit union national association says 650,000 people switched to credit unions last month.byway of comparison they had 600,000 customers open accounts in all of 2010. >>> the gop presidential hopeful herman cain was back before the crowds trying to bring a little normalcy to the campaign. >> have i been in washington all we -- i have been in washington all week, and i have attracted a little bit of attention. >> cain has been doged all week by allegations of sexual harassment from at least three former employees. one of those women released a statement through her lawyer. details though were lacking. >> mr. cain knows the specific incidents that were alleged. my client filed a written complaint in 19ninety 9 -- 1999 against him specifically, and it had very specific incidents in it. >> aside from the statement, the woman declined to revisit the incident any further. two other women have made similar allegations against cain. he maintains he has never sexually harassed anyone. cain is taking his campaign to late knitel vision. he is scheduled to appear on jimmy kimmle live o
. >> the credit union national association says 650,000 people switched to credit unions last month.byway of comparison they had 600,000 customers open accounts in all of 2010. >>> the gop presidential hopeful herman cain was back before the crowds trying to bring a little normalcy to the campaign. >> have i been in washington all we -- i have been in washington all week, and i have attracted a little bit of attention. >> cain has been doged all week by allegations of...
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Nov 5, 2011
11/11
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KRON
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the credit union national association reports in just the last month, at least 650,000 people across the country opened new accounts with credit unions and those accounts amount to about $4.5 billion. >> i've seen very large depositors make thestition to move. it's more of a social movement and a social statement. >> reporter: the c.e.o. of the san francisco federal credit union says business has doubled in recent weeks and he's staffing additional people to work this saturday. >> generally, we see about 200 new members per month. now, we have been signing up about 400 new members per month. >> and we're going to show you what the occupy encampment tonight in the plaza and you can see a lot of people are out here and still milling around. you see the tents, pretty busy. the tents are back up is. basically, the encampment looks pretty much like it did last week before police broke it up. the price tag for the occupy protests continues to go up. so far, the costs for the city now exceeding $1 million and that's only up to october 28th. that means that figures from the general strike, th
the credit union national association reports in just the last month, at least 650,000 people across the country opened new accounts with credit unions and those accounts amount to about $4.5 billion. >> i've seen very large depositors make thestition to move. it's more of a social movement and a social statement. >> reporter: the c.e.o. of the san francisco federal credit union says business has doubled in recent weeks and he's staffing additional people to work this saturday....
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Nov 3, 2011
11/11
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KICU
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the president of the credit union national association said yesterday there has been a nation wide surge with tens of thousands of people transferring money out of big banks and into nonprofit unions. >> even though i don't go on protests i feel like it. reporter: the president of the pacific credit union says in the bay area a big jump fuelled by anti bank being movements. >> we are seeing a 3 followed increase over a few months ago. quite a spike in new member activity. reporter: that increase could get even bigger this saturday. that is when occupy plans to join with the bank transfer day movement which is a separate movement on november 5 urging people to move their money out of banks. >> reporting live. reporter: can you stay current with the action around the bay area by going to our website. click on the link at the top of the home page. >> much anticipated day. acknowledged the pace is moving slower an expected. the u.s. economy will grow no more than 1.7 % this year but the prool reserve was will improve 2.7 % next year. the 4 monday ago the fed sees little change in unemploymen
the president of the credit union national association said yesterday there has been a nation wide surge with tens of thousands of people transferring money out of big banks and into nonprofit unions. >> even though i don't go on protests i feel like it. reporter: the president of the pacific credit union says in the bay area a big jump fuelled by anti bank being movements. >> we are seeing a 3 followed increase over a few months ago. quite a spike in new member activity. reporter:...
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. >> alan: the credit union national association says more than 600,000 consumers have moved their money from big banks to credit unions over the past month. >> four teenagers shot, one of them, a girl, killed. and neighbors are afraid for their lives. lisa amin gulezian has the latest. >> reporter: a small memorial is set up at village apartments in honor of 14-year-old tara romero. who was shot to death while hanging out with friends on this grassy hillside last night. three other teenagers were also shot. one remains in a medically induced coma. >> don't believe they targeted them specifically, those four. they just came by and just randomly shot, using a rifle. >> more began during mortgage gab hill police believe the shootings were gang relate. a car drove up the avenue and then started firing at the four teenagers who just left a birthday party at the apartment complex. police found the suspects, four adults and one 17-year-old, less than a mile from the crime scene, hiding in another apartment complex. this witness did not want to be identified. >> she says, i'm afraid for my fami
. >> alan: the credit union national association says more than 600,000 consumers have moved their money from big banks to credit unions over the past month. >> four teenagers shot, one of them, a girl, killed. and neighbors are afraid for their lives. lisa amin gulezian has the latest. >> reporter: a small memorial is set up at village apartments in honor of 14-year-old tara romero. who was shot to death while hanging out with friends on this grassy hillside last night. three...
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Nov 8, 2011
11/11
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KQED
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the credit union national association claims some 650,000 new customers have joined credit unions, transferring$4.5 billion. thousands of new customers flooded credit institutions and their banking fees. the "wall street journal" reports that boeing employees' credit union in seattle signed up 659 new members. that's a one-day record. excess fees were part of the reason many banking customers made the switch. now, a federal judge has approved a $410 million lawsuit claiming bank of america charged excessive overdraft fees. 13 million b. of a. customers are involved. most will only get back a fraction of the fees they paid. the lawsuit covers debit card transactions between january of 2001 and may of this year. new bank regulations prohibit these fees unless customers approve them. here's what we're watching for tomorrow: quarterly results from liberty media, intercontinental hotels, societe generale and toyota. toyota also reports its quarterly numbers. the automaker is set to report lackluster results. it's been battered by the yen's surge to record highs against the dollar and lost production
the credit union national association claims some 650,000 new customers have joined credit unions, transferring$4.5 billion. thousands of new customers flooded credit institutions and their banking fees. the "wall street journal" reports that boeing employees' credit union in seattle signed up 659 new members. that's a one-day record. excess fees were part of the reason many banking customers made the switch. now, a federal judge has approved a $410 million lawsuit claiming bank of...
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our economy last week's bank transfer day was a success according to numbers from the credit union national association there were forty thousand americans move their money from big banks on wall street to local credit unions on main street remember credit unions garnered eighty million dollars in new savings in just one day at that money out of the four point five billion in new savings and six hundred fifty thousand new customers that have flocked to credit unions over the last five weeks since occupy wall street started and there's clearly huge movement afoot in america to make the big banks pay for the mess they've caused if the justice department put bankers in jail people who bankers out of business and maybe voted into office a few more democratic socialists to. just. the good the bad of the very home are here logically ugly good the federal communications commission f.c.c. announced a new program today to get low income americans but lost the nation wired for the internet working with internet service providers and computer manufacturers c c will offer roughly twenty five million poor families
our economy last week's bank transfer day was a success according to numbers from the credit union national association there were forty thousand americans move their money from big banks on wall street to local credit unions on main street remember credit unions garnered eighty million dollars in new savings in just one day at that money out of the four point five billion in new savings and six hundred fifty thousand new customers that have flocked to credit unions over the last five weeks...
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. >> the credit union national association says 650,000 switched to credit unions last month. they had 600,000 new customers open accounts all of last year. >> 11 woodside high school stewartstown recovering from skin and respiratory problems. they were checked after diesel fuel spilled on the school bus. 38 students and chaperones were on highway 680 coming back from a field trip about 7:30 when fuel began flooding the floor of the bus. the driver pulled off in pleasant hill and called police as students were evacuated from the bus. >>> the driver recognized there was a fuel spill going on in the school bus. the driver took the exit and pulled off here onto contra costa boulevard and approximately 11 of the 35 kids were sent to hospitals for the fumes. >> some students complained of burns on their feet from walking barefoot. others complained of breathing problems from the fumes. 11 were taken to the hospital. the rest were treated at the scene. about 5 gallons of diesel spilled on the roadway where the bus stopped. >> pg and e detected a leak in the same transmission line of
. >> the credit union national association says 650,000 switched to credit unions last month. they had 600,000 new customers open accounts all of last year. >> 11 woodside high school stewartstown recovering from skin and respiratory problems. they were checked after diesel fuel spilled on the school bus. 38 students and chaperones were on highway 680 coming back from a field trip about 7:30 when fuel began flooding the floor of the bus. the driver pulled off in pleasant hill and...
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Nov 5, 2011
11/11
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credit unions or community banks. the credit union national association said so far more than 650,000 people opened accounts with them and deposited $4.5 billion since september 29th. but most financial experts say the big banks will not even notice the missing money and they say the banks will probably find other fees to charge people to make up the difference. credit unions typically charge less in the way of banking fees, you may find it inconvenient if you are used to mobile banking and you may have to pay more in the atm withdrawal fees. i am grant lotus with kron4 news. >> get your umbrellas and raincoats ready. we have more wet weather in store. we have heavy rain than what we were dealing with yet today. we will already see the showers moving in the north bay by 2:00 p.m. and by 5:00 p.m. it will cushions way into the in the spot. by 7:00 you could see the band of yellow indicating heavy to moderate downpour. by 8:00 p.m., we have wide sprayed-- widespread rain for everybody. it should be tapering off into the overnight hours. i will have your full forecast coming up. >>catherine: these are metering lights at
credit unions or community banks. the credit union national association said so far more than 650,000 people opened accounts with them and deposited $4.5 billion since september 29th. but most financial experts say the big banks will not even notice the missing money and they say the banks will probably find other fees to charge people to make up the difference. credit unions typically charge less in the way of banking fees, you may find it inconvenient if you are used to mobile banking and you...
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i think we're getting it credit union national association says 650,000 people switched to credit unions last month, but not everyone is ready for change. >> this is anything. soy keep saying with bank of america. >> many credit unions will be open extra hours tomorrow to take advantage of public sentiment seeming to come from a number of fronts. >> and there is a lot more to come to later tonight. a local shelter and what is going to happen to dozens of veterans. >> a new budget crisis facing california schools. >> and i'm spencer chris chichblt here comes rain, again. a look at where and when it will alive slick /1ñ1ñ1ñ. >> closed captioning brought to you by mancini sleepworld. >>> all right. we're following breaking news tonight. two lanes of northbound 101 had to be close forward a short time. san francisco police investigated a shooting that injured a child here in this neighborhood. >> an 11-year-old girl graze bid a bullet today, taken to the hospital. police say she's going to be okay. she was not the target of the gunman. police stopped their car on highway 101 and have taken t
i think we're getting it credit union national association says 650,000 people switched to credit unions last month, but not everyone is ready for change. >> this is anything. soy keep saying with bank of america. >> many credit unions will be open extra hours tomorrow to take advantage of public sentiment seeming to come from a number of fronts. >> and there is a lot more to come to later tonight. a local shelter and what is going to happen to dozens of veterans. >> a...
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. >> the credit union national association says 650,000 people switched to credit unions last month. that's more than all of last year. >>> 11 students from redwood city woodside high school are recovering from skin and respiratory problems after diesel fuel spilled on a school bus. 38 students and chaperones from on highway 680 coming back from a field trip when fuel flooded bus. the driver pulled over and called police. >> the driver recognized there was a fuel spill inside the bus. the driver took the exit and pulled off here on to contra costa boulevard and approximately 11 of the 35 kids were sent to local hospitals for treatment for the fumes. >> some of the students complained of burns on their feet and others of breathing problems. 11 were taken to the hospital, the rest treated at the scenes. 5 gallons of diesel spilled on the roadway. >> pg and e detected a leak in the same transmission line as the san bruno disaster. crews are trying to pinpoint the location. it focus is on four miles on the south side of sanford university. crews were conducting a safety test when they di
. >> the credit union national association says 650,000 people switched to credit unions last month. that's more than all of last year. >>> 11 students from redwood city woodside high school are recovering from skin and respiratory problems after diesel fuel spilled on a school bus. 38 students and chaperones from on highway 680 coming back from a field trip when fuel flooded bus. the driver pulled over and called police. >> the driver recognized there was a fuel spill...
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Nov 5, 2011
11/11
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WBAL
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a new survey by the credit union national association says at least 660,000 people have switched to creditions since several big banks announced they were tacking on new debit card fees. most have changed up under the pressure. >> clipping coupons might be a thing of the past. several new apps for smart phones can connect you with special offers and a variety of deals. the convenience can't be beat. kim dacey has details. >> smart phones are everywhere these days. it seems there is an app for everything. even ones to save you money where you like to shop. >> everybody is looking for a deal when you go shopping. a lot of retailers use that as a way to put their best products in front of their best customers. it creates synnergy twep the shopping world and retail world. >> some work with stores like bestbuy and target. their app is a mix of a game and a coupon. >> it tracks where you are with your phone and it knows when you go into certain retailers that are posted on there. you get points for going into certain stores. >> you also get points for scanning certain items at each store. you ca
a new survey by the credit union national association says at least 660,000 people have switched to creditions since several big banks announced they were tacking on new debit card fees. most have changed up under the pressure. >> clipping coupons might be a thing of the past. several new apps for smart phones can connect you with special offers and a variety of deals. the convenience can't be beat. kim dacey has details. >> smart phones are everywhere these days. it seems there is...
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new stories of unfair fees coming out every day it just might be a success already the credit union national association is reporting that a whopping six hundred and fifty thousand americans have joy credit union since september twenty ninth which just happened to be the day the bank of america originally announced their five dollars debit card fee which now they've got now if you want to add some perspective that just think about this there are only six hundred thousand new members for credit unions it all of two thousand and ten so if tomorrow really is a success than one of the big banks going to do join me our studio in new york will impair a more contributing editor at alter net later i want to thank you so much for joining me tonight and i was reading your twitter earlier and if this is correct then you've already transferred your money haven't you. i have and i have to say it felt really good and there were actually some surprises for me i think one of the concerns that i had which a lot of folks have is what i'm going to about eighty is and i'm going to now be able to find one when i need one bu
new stories of unfair fees coming out every day it just might be a success already the credit union national association is reporting that a whopping six hundred and fifty thousand americans have joy credit union since september twenty ninth which just happened to be the day the bank of america originally announced their five dollars debit card fee which now they've got now if you want to add some perspective that just think about this there are only six hundred thousand new members for credit...
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Nov 3, 2011
11/11
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. >> reporter: the president of the credit union national association said yesterday, there's been a nationwide surge with tens of thousands of people transferring money out of big banks and into nonprofit credit unions. the president of the pacific services credit union says in the bay area, there's been a big jump in new accounts, fueled by anti-bank movements. >> in the last month, we're seeing about a three fold increase over where we were. we're seeing quite a spike in new member activity. >> reporter: those numbers could continue to increase on saturday occupiers are joining forces with a separate movement called bank transfer day, urging people to move their money out of the big banks. in the newsroom, jana katsuyama, ktvu, channel 2 news. >>> on our facebook wall tonight, many viewers told us, they already keep their money at credit unions opposed to banks. cindy says she's saving money at home, not link the bank would give me much interest anyway. larry thomas believes much of the protesting is misdirected. the problem is there are real people trying to make ends barely meet
. >> reporter: the president of the credit union national association said yesterday, there's been a nationwide surge with tens of thousands of people transferring money out of big banks and into nonprofit credit unions. the president of the pacific services credit union says in the bay area, there's been a big jump in new accounts, fueled by anti-bank movements. >> in the last month, we're seeing about a three fold increase over where we were. we're seeing quite a spike in new...
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Nov 4, 2011
11/11
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KTVU
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650,000 people around the country signed up for credit union accounts since bank of america's announcement. that's according to the credit union national association> well, stanford's graduate school of business received a $150 donation from venture -- capitalists. it is the largest donation made. the goal is to encourage students from all over the world to create businesses that drive social change and lifts people around the world out of poverty. >> california's high speed rail authority formerly asked for -- the billions of dollars it needs to start construction. they're seeking $3.3 billion in federal grants and 2.7 billion in state bonds to start the track through the central valley. that request goes to the governor and then the legislature. >> negotiations to end the 4 month nba lockout will resume tomorrow but they're talking about big changes. about 50 players held two separate conference calls with an antitrust lawyer. the players will push for the disillusion of their union. a month of games have already been canceled due to the lockout. >> today is the day 2 of the tour. it's here in the bay area. they're tied for the lead at the golf
650,000 people around the country signed up for credit union accounts since bank of america's announcement. that's according to the credit union national association> well, stanford's graduate school of business received a $150 donation from venture -- capitalists. it is the largest donation made. the goal is to encourage students from all over the world to create businesses that drive social change and lifts people around the world out of poverty. >> california's high speed rail...
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Nov 3, 2011
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. >> reporter: the president of the credit union national association said yesterday, there's been a nationwide surge with tens of thousands of people transferring money out of big banks and into nonprofit credit unions. the president of the pacific services credit union says in the bay area, there's been a big jump in new accounts, fueled by anti-bank movements. >> in the last month, we're seeing about a three fold increase over where we were. we're seeing quite a spike in new member activity. >> reporter: those numbers could continue to increase on saturday occupiers are joining forces with a separate movement called bank transfer day, urging people to move their money out of the big banks. in the newsroom, jana katsuyama, ktvu, channel 2 news. >>> on our facebook wall tonight, many viewers told us, they already keep their money at credit unions opposed to banks. cindy says she's saving money at home, not link the bank would give me much interest anyway. larry thomas believes much of the protesting is misdirected. the problem is there are real people trying to make ends barely meet
. >> reporter: the president of the credit union national association said yesterday, there's been a nationwide surge with tens of thousands of people transferring money out of big banks and into nonprofit credit unions. the president of the pacific services credit union says in the bay area, there's been a big jump in new accounts, fueled by anti-bank movements. >> in the last month, we're seeing about a three fold increase over where we were. we're seeing quite a spike in new...
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>>reporter: credit union national association says 65 650,000 people switch to credit union last month. not everyone is ready for change. >> keep saying l bank of america. >>reporter: many credit yawn open extra hours tomorrow to take advantage of public sentiment which seems to be coming from a number of fronts. in san jose, abc 7 news. >>> one more note here. we learned that as of today 1 million americans are moving their money out of big banks in protest. >>> we have much more to bring you on this november fourth. we are getting word of students sicken by fumes from a bus on their way home from field trip. that story next. >>> also. south bay solar company that is losing millions tells 7 news why it is not the next solyndra. >> also here. new projection on state revenue. the numbers literally brought an east bay elementary school teacher to tears. >> get ready for frost and freezing in the inland valley tonight. chilling details in the accu-weather forecast coming up in just about 2 the accu-weather forecast coming up in just about 2 minute >> we follow developing news from the e
>>reporter: credit union national association says 65 650,000 people switch to credit union last month. not everyone is ready for change. >> keep saying l bank of america. >>reporter: many credit yawn open extra hours tomorrow to take advantage of public sentiment which seems to be coming from a number of fronts. in san jose, abc 7 news. >>> one more note here. we learned that as of today 1 million americans are moving their money out of big banks in protest....
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Nov 4, 2011
11/11
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credit unions. they are calling the movement bank transfer day and so far more than 76,000 people have pledged to ditch their bank. a new survey by credit union national associations at least 650,000 people have made the switch after big banks announced they would charge customers new debit card fees. >>> and if you use facebook, watch your mouth. you're comments will soon show up in search results. that's right. google plans to expand its search index made on facebook and other public network sites. if you've got a profile you won't be affected. >>> the life of an addict. dr. phil's intervention. expert, an addict herself, goes to the streets and we will show you what she discovered. >>> wanting to get an upclose peek at those mammals on kayaks. stay with us. we will be right back. >>> caught on tape. unsuspecting surfer and a couple of kayakers get huge surprise. look there in that box. hump back whales shot out of the water. they were hungry trying to catch some fish and it is not uncommon for them to do that. and whale watchers are warned to stay about 100 yards away from them so that they don't end up getting too close to the food source. >> look at how far
credit unions. they are calling the movement bank transfer day and so far more than 76,000 people have pledged to ditch their bank. a new survey by credit union national associations at least 650,000 people have made the switch after big banks announced they would charge customers new debit card fees. >>> and if you use facebook, watch your mouth. you're comments will soon show up in search results. that's right. google plans to expand its search index made on facebook and other public...
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Nov 3, 2011
11/11
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the head of the credit union national association tells reuters during the past month "credit unions saw huge demand for new accounts, numberings at least in the tens of thousands." people moving their money out of the big banks and into smaller credit unions and locally owned institutions. the occupy wall street movement seems to have already inspired that, inspiring people to get their own personal money out of the big banks. though all of that has already happened, this weekend is expected to see thousands, if not tens of thousands more people do the same. we talked about last night on the show, organizers of the bank transfer day tell us over 71,000 people have pledged to close their accounts at big banks this weekend moveon.org saying they've received commitments from over 60,000 people to do the same. to move their money this weekend. and meanwhile, tomorrow, it's occupy the treasury. occupy wall street members and union members, particularly nurses, are going to be marching on the u.s. treasury department with a demand that is as specific as the general strike in oakland is ge
the head of the credit union national association tells reuters during the past month "credit unions saw huge demand for new accounts, numberings at least in the tens of thousands." people moving their money out of the big banks and into smaller credit unions and locally owned institutions. the occupy wall street movement seems to have already inspired that, inspiring people to get their own personal money out of the big banks. though all of that has already happened, this weekend is...
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Nov 5, 2011
11/11
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credit unions or community banks. the credit union national association says so far more than 650,000 people have opened accounts withd $4.5 billion. it's >>catherine: >>jaqueline: mostly dry conditions today. it does not look like it will stay that way too long. satellite and radar is shown as another system coming from the pacific northwest coast line. that will bring heavier rain than what we saw yesterday. let's take a look at future cast 4. it showers will be moving into the north bay. by 5:00 p.m., a host of wales liz tells us and increase in intensity. there, you can see the yellow indicating moderate downpours increasing in intensity by 8:00 p.m.. widespread rain and drought the bay area. the in krahn have had who kohen cat ahead exhale half back how hollywood's now learn moral or bailout had not brought down the gutters and to limit rates. a new work force as the jobless rate dropped last month, but not by much. >>catherine: a feeling of powerlessness may have broad demonstrators out. the reality of joblessness. >> it is hard to find a job. cox cut >>catherine: for young people the unemployment rate has been
credit unions or community banks. the credit union national association says so far more than 650,000 people have opened accounts withd $4.5 billion. it's >>catherine: >>jaqueline: mostly dry conditions today. it does not look like it will stay that way too long. satellite and radar is shown as another system coming from the pacific northwest coast line. that will bring heavier rain than what we saw yesterday. let's take a look at future cast 4. it showers will be moving into the...
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. >> reporter: the credit union national association said more than 600,000 consumers nationwide have moved their money from big banks to credit unions over the past month. protesters sally reed said she doesn't have the credit rating or money to open a new account. >> because i lot of my job, then i lot o lost my savings. then i lost my home. i probably just don't qualify. >> wells fargo was also the target of another protest, this one in oakland. the immigrant rights group proatd the bank, saying it invested in immigrant detention centers. the group chained themselves together and tried to block the doors of the bank at 12th and broadway but the bank closed shortly after the protesters arrived. wells fargo didn't respond to our request for comment. >>> sa san francisco neighborhod has the highest number of foreclosures in the city and residents put the pressure on the five banks that serve them today. between 2008 and next year, nearly 2000 homes and home owners are projected to lose their homes. the neighbors are demanding affordable alone modifications and principal reductions or
. >> reporter: the credit union national association said more than 600,000 consumers nationwide have moved their money from big banks to credit unions over the past month. protesters sally reed said she doesn't have the credit rating or money to open a new account. >> because i lot of my job, then i lot o lost my savings. then i lost my home. i probably just don't qualify. >> wells fargo was also the target of another protest, this one in oakland. the immigrant rights group...
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Nov 6, 2011
11/11
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CNNW
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bill chaney is head of the credit union national association. le have moved their money into credit unions. >> over 650,000 people have moved their money. $4.5 billion. probably more than that. the interesting thing about that, t.j., that's about a year's worth of growth for credit unions in one month. >> it took people to get upset with bank of america to come to the credit unions. i guess is it difficult to put your message up and against a bank of america which, of course, has advertising all over the place? is that the issue in why don't people know enough about you? >> well, that's a great question. we ask ourselves that all the time. credit unions are focused on their members, focused on their community. they don't have these multi-million dollar ad budgets. so while you see bank of america commercials and similar big banks all the time, credit unions are focused on serving their members. we've worked hard to get the message out. this has certainly been helpful to us but there are a lot of things people don't understand about credit unions.
bill chaney is head of the credit union national association. le have moved their money into credit unions. >> over 650,000 people have moved their money. $4.5 billion. probably more than that. the interesting thing about that, t.j., that's about a year's worth of growth for credit unions in one month. >> it took people to get upset with bank of america to come to the credit unions. i guess is it difficult to put your message up and against a bank of america which, of course, has...
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Nov 5, 2011
11/11
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according to a nationwide survey by the credit union, national association, by the end of the weekend, the number of the accounts could grow by tens of thousands more. the movement was started by a facebook user and former bank of america customer, who invited 500 of her friends, well, now, she has over $81,000 people attending bargaining transfer day on her facebook page and that number is expected to grow. the hope is, so will employment opportunities. >> since the bank received bailout money they continued to layoff employees at an alarming rate. and by promoting growth in local communities, credit unions will be expanding and hiring additional employees. >> reporter: the big banks are keeping mum whether they've seen an up tick in account closures. bank of america declined to comment, but a spokesperson did say this, regarding the debit fees. we listen to our customers and decided given the feedback and competitive conditions in the marketplace that we would not proceed with the planned fee. it's not likely that all of these closings of accounts are going to have that much impact
according to a nationwide survey by the credit union, national association, by the end of the weekend, the number of the accounts could grow by tens of thousands more. the movement was started by a facebook user and former bank of america customer, who invited 500 of her friends, well, now, she has over $81,000 people attending bargaining transfer day on her facebook page and that number is expected to grow. the hope is, so will employment opportunities. >> since the bank received bailout...
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. >> a handful of the organizers the credit union national association says 650,000 people switched to credit unions just last month. by comparison. credit unions had 600,000 new customers opened accounts all of last year. >> 11 students from woodside high school are recovering this morning. they were xhekd in the hospital after diesel fuel spilled on board their school bus. the bus with 38 student and chaperones was on highway 680 coming back from a field trip when fuel begin flooding the floor of the bus. the driver pulled off on on pleasant hill and called police. students were evacuated from the bus. >> the driver recognized there was fuel spill going on inside the school bus. the driver took the exit and pulled on to here to contra costa boulevard. the kids were sent to local hospitals for treatment. >> some of the student complained of burns from walking barefoot through the diesel. altogether 11 taken to hospitals. the rest were treated at the scene. about five gallons of diesel spilled on to the roadway where the bus stopped. >> pg&e has detected a tiny leak in the same transmi
. >> a handful of the organizers the credit union national association says 650,000 people switched to credit unions just last month. by comparison. credit unions had 600,000 new customers opened accounts all of last year. >> 11 students from woodside high school are recovering this morning. they were xhekd in the hospital after diesel fuel spilled on board their school bus. the bus with 38 student and chaperones was on highway 680 coming back from a field trip when fuel begin...
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Nov 10, 2011
11/11
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KRON
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the credit union national association said that in the past five weeks in estimated 650,000 people joined that often have fewer or lower fees. >>jacqueline: it is once again going to be a cold night in places like santa rosa, napa, livermore in fairfield. patchy frost in the north bay but temperatures will be really nice tomorrow afternoon. rain is on the way and i will have a complete forecast coming up. ...to see everything on sale. jcpenney. it's all about jobs. it's all about respect. security. the american dream. [ jamaul ] good jobs in tough times. a chance to move up and do better. [ delaunta ] excellent healthcare. [ caletha ] beautiful benefits. what they used to call the american way. it still works here. [ jennifer ] not a single layoff of a u.s. manufacturing worker. [ glen ] not one. not one. doing things the right way. quality. [ jimmeka ] building cars that americans want. [ jamaul ] right here in america. hyundai is an all-american success story. ♪ whether you're an allstate customer or not. all you have to do is call. [ female announcer ] call allstate now and you'll get
the credit union national association said that in the past five weeks in estimated 650,000 people joined that often have fewer or lower fees. >>jacqueline: it is once again going to be a cold night in places like santa rosa, napa, livermore in fairfield. patchy frost in the north bay but temperatures will be really nice tomorrow afternoon. rain is on the way and i will have a complete forecast coming up. ...to see everything on sale. jcpenney. it's all about jobs. it's all about respect....
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Nov 9, 2011
11/11
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WUSA
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credit union. how many people are really switching over? >> quite a bit. the credit union national association terms of bank transfer day, this past saturday, some local branches had 700 new customers in one day. >> wow! >> it's a lot. you think of your local credit union or community bank they must be lining up in the streets, absolutely. >> if banks haven't taken notice already, when will they start to take notice of this? this is a mass exodus. >> repeal the debit card fees they were testing. any time have you a market where people are just fed up and they need other options, now we have the technology and we have the other services that can come in and folks can come in and take advantage of it and offer us better deals. i will be here to tell you about them. >> we look forward to that and nice for people to actually feel like they do have that voice that it's being heard and it clearly it. >> unbanking and what banks don't want to hear. >>> one thing we need besides money is friendship. >> you can't buy a good friend. >>book says the average user has 130 friends and some brag they have th
credit union. how many people are really switching over? >> quite a bit. the credit union national association terms of bank transfer day, this past saturday, some local branches had 700 new customers in one day. >> wow! >> it's a lot. you think of your local credit union or community bank they must be lining up in the streets, absolutely. >> if banks haven't taken notice already, when will they start to take notice of this? this is a mass exodus. >> repeal the...
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Nov 6, 2011
11/11
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CNNW
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credit unions. many people say they're sick of costly multiplying bank fees. let's dig into this now with bill cheney in washington. he's the president and ceo of the credit union national associationank you for being here. is there any way for you all to gauge, to measure just how big of a day yesterday was? it was the move your money day. could you tell? did people move their money? >> well, yeah, we think they did. thanks for having me on. people were busy yesterday. so we don't have a lot of information directly from credit unions from yesterday. but we were talking to them throughout the week. and we actually based on our surveys of over 5,000 credit unions, best we can tell -- and this is actually through thursday of last week, not through yesterday. but over 650,000 people have moved their money. $4.5 billion, probably more than that. the something thing about that, t.j., is that's a year's worth of growth for credit unions in one month. there's definitely a movement going on. >> did you send a thank you card to bank of america? >> we haven't done that yet, no. you know what, the credit union unions,they deserve the attention they're getting. they're a better deal. it's a pl
credit unions. many people say they're sick of costly multiplying bank fees. let's dig into this now with bill cheney in washington. he's the president and ceo of the credit union national associationank you for being here. is there any way for you all to gauge, to measure just how big of a day yesterday was? it was the move your money day. could you tell? did people move their money? >> well, yeah, we think they did. thanks for having me on. people were busy yesterday. so we don't have a...
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Nov 12, 2011
11/11
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MSNBCW
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more than 650,000 people moved their money last month with the credit union national association reportingction on something we said earlier in this program. we talked about the revenue of penn state and the percentage of that revenue accounted for by football. we were wrong about the category. $116 million, i believe, we'll check this again and put it on the website, come back tomorrow and confirm it but since i'm on air now i want to be -- correct our error. the $116 million athletic department, $72 million comes from the football program. the total revenue of penn state university is much, much, much larger than that. it has a huge medical facility. we'll get the numbers right. in just a second, i'll tell you what i didn't know when the week began. it's time for a preview of "weekends with alex witt." >> coming up at 9:00 we'll take you live to penn state against the backdrop of scandal. a football game will be played and new twists in the sex abuse investigation. also fresh legal questions being raised. it is a three-way race, at least that's what new polls are suggesting. how much lon
more than 650,000 people moved their money last month with the credit union national association reportingction on something we said earlier in this program. we talked about the revenue of penn state and the percentage of that revenue accounted for by football. we were wrong about the category. $116 million, i believe, we'll check this again and put it on the website, come back tomorrow and confirm it but since i'm on air now i want to be -- correct our error. the $116 million athletic...