
ING has a much more acceptable overdraft policy. Bank of America used to charge $25 per transaction, whereas ING charges interest on the amount you’ve overdrafted. If you know you’ve overdrafted and deposit money into your account quickly, it may only cost you a few cents. That’s reasonable. SECU was the only bank that would do an international money transfer when I was moving. ING, despite being headquartered in the Netherlands, could not transfer money to a Dutch bank.
You should consider moving your money, especially if you’re at one of the big banks (Bank of America, Citi, Chase, or Wells Fargo). Not just because of the OWS movement, but because you’ll get better service and, likely, better products.
While a few individuals may not make an impact on a huge bank’s bottom line, several municipalities might make a chip. Several communities in New York state have taken their money elsewhere, after expressing dissatisfaction with how large banks have handled the mortgage crisis.