Members Credit Union (MCU) recently launched "Break up with Your Bank", a campaign to encourage bank customers to become an MCU member and move their money to the not-for–profit, member owned financial institution. As a result, new checking account applications have already increased for the month of October.
"We are on pace to see an 83% increase in new checking account openings for the month of October," stated Jack V. Braswell, Jr., CEO/President of MCU. "The new fees recently announced by some of the area’s larger banks have driven bank customers to move their money to their local credit union."
In addition to launching "Break up with your Bank", MCU will open its corporate headquarters on Saturday, November 5th from 8 AM to 12 PM., to support Bank Transfer Day, a consumer driven movement to move funds to not-for-profit credit unions from major banks by November 5th.
"As popularity for Bank Transfer Day grows, we want to make our credit union easily accessible to potential new credit union members," explained Braswell.
The 50 thousand-member credit union’s corporate headquarters, whose normal business hours are Monday through Friday from 8 AM to 5 PM, is located on 2098 Frontis Plaza Boulevard in Winston-Salem, NC. This office location will be the only MCU branch open on November 5th for Bank Transfer Day and will have employees onsite to sign up new members, answer questions, and open checking accounts. More details about Bank Transfer Day are available online at www.facebook.com/nov.fifth.