Bank Transfer Day was a consumer activism initiative calling for a voluntary switch from commercial banks to not-for-profit credit unions by November 5, 2011. As of October 15, 2011, a Facebook page devoted to the effort had drawn more than 54,900 likes. Debit card fees of $5 a month from the Bank of America are among steps leading to the Bank Transfer Day protest with a November 5 deadline. Occupy Wall Street participants support the effort even though the events are not related. Among the detractors were Occupy Los Angeles participants: Sigurd Olin Christian, creator of the Bank Transfer Day event, stated that "he was accosted by Occupy Los Angeles organizers and has even received threatening phone calls" because of his pro-credit union rather than anti-bank approach.
Bank Transfer Day (United States)
On November 5, in the year 0, Bank Transfer Day (United States). This event is recorded as a Holidays event in the history of November 5, a notable event in this corner of history.
Key Facts
- This event took place on November 5, 0 (AD era).
- It is categorised as a Holidays event in recorded history.
- Referenced in 2 Wikipedia articles.
- Wikipedia source last updated on 9 July 2026.
On This Date in History
This article draws on content from Wikipedia, available under CC BY-SA 4.0.
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