of which aim to deprive the big banks of their customers well let's cross to freelance writer kimberly thorpe in the us now for some insight kimberly will first of all how does this a national movement work what is it that people are being asked to do well today is being transferred day and not started by an artist in los angeles and it's a spin on a movement that's called move your money that has been going on for the last couple of years in the first three months of moving our money from five billion dollars in accounts were transferred today over eighty one thousand people have pledged their support to go to their banks and move their money to a credit union in a smaller course this takes time but within a few days and see how successful this move the movement was or no one eighty one thousand you said a pledge but surely i mean the big banks there really may be simply too big to be hurt by a few people closing of their economy eighty one thousand from their perspective that's not much isn't it well it isn't it isn't i mean i think that in september bank of america announced a five dollars

move your money day both of which to deprive leading bankers of their customers freelance writer kimberly thorpe thinks the banks have only themselves to blame over eighty one thousand people have pledged their support to go to their banks and move their money to a credit union a smaller bank in september bank of america announced a five dollars fee on debit cards people were outraged this is when people started moving their money in credit unions have reported some six hundred fifty thousand new members in september that's four point five billion dollars in new deposits people are so outraged with the big banks that they're committing no matter what to move their money you know a lot of us are underwater our homes are worth much less than they were when we bought them our whole entire economy has been built on credit so the idea of just walking away from your debt is something that really captures your imagination so if your kind of on the receiving end of harassing phone calls of people threatening to take your car from your driveway and you can't drive your son to work you know that there are