Author Archives: gmcdavid

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About gmcdavid

Retired IT professional with a wide range of interests. Married. Three sons, two with autistic-spectrum disorders and the third being transgender with Ehlers-Danlos syndrome. From Chicago but now living in the Twin Cities metro, Minnesota. Episcopalian. Carleton College (BA 1972, physics) and Stanford University (MS 1974, Applied Physics; MS 1976 Statistics).

About Bank Transfer Day….

Big Banks and Small Customers

You do not hurt large banks by withdrawing your own (small) accounts. Really. On the contrary, you’re doing them a huge favor, and making them more efficient and more profitable.

More details at Why Bank Transfer Day actually helped banks.

This is consistent with what I learned in the 18 years I was employed by large banks.