Advocate declares November as Bank Transfer Awareness Month

Nov. 7, 2011 - PRLog -- The banks retreated and ran for the hills. No more debit card fees.  All is now calm in the financial world and the people are happy once more. Bank Transfer or Move Your Money Day was a success!  Now what?  The banks are gearing up for Round 2.  Consumer & Credit Union advocate S.E. Day is declaring the month of November as Bank Transfer Awareness Month.  

Most consumers do not understand the banking business model for generating revenue.  Fee collecting usually represents one-third of that business model for generating revenue.  Customers are paying for the convenience of having ATMs, advertisement, and hundreds of locations near you.  In order for these conveniences to continue, banks will have to collect additional fees.  Customers need to pay close attention to the normal fees the bank charges. With reforms in interchange revenue created by the Dodd-Frank Act and the Durbin Amendment, there is less fee income for banks to collect.

“As a consumer and credit union advocate, I am spreading the message and declaring the month of November as Bank Transfer Awareness Month.  Bank Transfer Day was a great start but it will soon fade into the history books and out of the media’s eye.  I aim to keep the pressure on and continue the movement with Bank Transfer Awareness Month.  For far too long, credit unions have been treated as the red-headed stepchildren of the financial industry.  In 1998 it took a presidential signature to stop the Bank Bullies from restricting membership access to credit union.  I am on a mission to enlighten those ages 6 to 70 on the benefits of being a member and I will not be happy until CUs have just as many members as banks have customers. Credit unions should not be the alternative. Credit Unions should be the norm,” says S.E. Day, Talk Show Host & Advocate

About S.E. Day
S.E. Day is an auto industry insider, credit union advocate, professional negotiator, and professional speaker.  Mr. Day has been featured on national television and radio shows across the country.  Mr. Day is also the best-selling author of The Negotiating Experience, Your Car Deal Your Way!  Day also authored, How to Legally Steal Your Next Vehicle and Save $1000s and is completing his 3rd book, The Graceful Art of Negotiations, 7 Phases to Maximizing Your Desired Results!(due out in December 2011).

About the Legally Steal Show
The Legally Steal Show™ is a consumer advocate, talk radio show which brings about issues that matter most to consumer wallets.  The weekly, simulcast radio show is broadcast on the TanTalk 1340AM and BlogTalkRadio.  The show also broadcasts a 15-minute daily segment called “S.E.’s Tip of the Day” at 12 PM.  The weekly show airs live for 60 minutes on Saturdays at 3:00 pm.

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The Legally Steal Show is consumer talk radio which brings about issues that matter most to your wallet.