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40,000 more credit union members last week



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The numbers are still small but they're also not insignificant. Bloomberg:

Credit unions attracted more than 40,000 new account holders last week during the so-called Bank Transfer Day, according to a Washington-based trade group.

Member institutions reported about $80 million in new savings, or an average of about $2,000 per new account holder, the Credit Union National Association said today in a statement. That figure may also include new money from existing members, said Patrick Keefe, a spokesman for the group.


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