More than 600,000 US consumers have moved their money from big banks to community banks or credit unions, thanks to the much-publicized revolt against debit card fees and the resulting consumer-led Bank Transfer Day last fall, according to an analysis released by Javelin Strategy & Research. Bank of America alone had a 20 percent increase in account closings in the fourth quarter of 2011 compared to the same quarter in 2010. Read more: http://www.reuters.com/article/2012/01/27/us-bank-transfer-idUSTRE80Q1TU20120127
