December 11, 2012

Interesting data from Seattle

Looks like the banksters are going hungry -- from the Seattle Times:
Credit unions have surpassed BofA in Seattle
If you haven�t switched away from one of the big banks, chances are you�ve at least considered it. Many Americans, fed up with hidden fees and excessive charges, have said goodbye to the big banks in favor of credit unions in recent years. Here in Seattle, that shift has been dramatic.

28 percent of Seattle-area households bank primarily with a credit union now, up from 21.5 percent in 2008, according to market data firm Scarborough Research. That is a 30 percent jump in credit union banking, the ninth largest increase out of 96 metro areas around the nation. About half of all households banking with a credit union in the Seattle-Bellevue-Everett area are with BECU.
Switched all accounts to a Credit Union six years ago and very happy. Posted by DaveH at December 11, 2012 2:45 PM
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