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The Credit Line: Kristen Christian and the Bank Transfer Day Movement

Published
November 11, 2011
Credit.com

Credit.com is the only company of its kind to be founded and run by leading credit experts including journalists, authors and consumer advocates. We're committed to helping consumers understand and master the confusing world of credit and improve their financial standing by recommending products and actions that are in their best interest.

Tune in to this week’s installment of The Credit Line, hosted by Credit.com’s chairman and co-founder Adam Levin on Los Angeles’ KFWB 980 AM this Saturday, November 5, at 9 a.m. PST/Noon EST.

The show is co-hosted by L.A. radio personality Jeff Levy.

November 5 is Bank Transfer Day; do you know where your money is?

Are you fed up with the big banks? You’re not alone. Kristen Christian, an art gallery owner in Los Angeles, got fed up, too.  Then she pulled her money from her big bank and deposited it into a local credit union. Sensing she was onto something, she channeled her frustration into creating a plan to send a bigger message. Her strategy? She’s designated November 5 as the day for consumers to do as she did, and make their move to credit unions en masse. She says, “I started this because I felt like many of you do. I was tired—tired of the fee increases, tired of not being able to access my money when I need to, tired of them using what little money I have to oppress my brothers & sisters. So I stood up…. Me closing my account all on my lonesome wouldn’t have made a difference to these fat cats. But each of YOU standing up with me… they can’t drown out the noise we’ll make.”

Christian joins us to talk about what motivated her organize Bank Transfer Day, and to share her experience on moving her money and becoming a credit union member. Her Bank Transfer Day page on Facebook has more than 39,000 “likes”and over 76,000 RSVPs to date.

[Related articles on Bank Transfer Day]

Call in with your questions

Do you have questions about Bank Transfer Day? Adam Levin and Jeff Levy are ready to take your calls live this Saturday, November 5 at 9 a.m. PST/Noon EST, at 888-539-2980.

Listen to The Credit Line:

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  • Listen Live: The Credit Line streams live here every Saturday at 9 a.m. PST/Noon EST, and repeats on Sundays at 11 p.m. PST/ 2 a.m. EST.
  • Listen to the Archives: Listen to previous episodes of The Credit Line in the Credit.com Radio archives here.
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