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But some consumers are sticking it to the banks by flocking to an unexpected place: Wal-Mart. The superstore chain has seen an uptick in customers who are choosing to cash their checks at its MoneyCenters for a $3 flat fee rather than make deposits into bank accounts, according to a story in The New York Times.
“We have a tremendous opportunity ahead of us, and it’s largely due to what you’re seeing around us happen in the industry,” Daniel Eckert, the head of Wal-Mart Financial Services, told the Times “We’re not a bank, but we can serve a lot of types of functions you would see someone go into a bank for.”
Besides..Wally world isn't evil.
Now I am glad that many people have taken action and pulled their money from large banks, but is it not just taking money from one corporate entity and giving it to another? Is this an unintended consequence of the sentiment behind "bank transfer day" and similar actions?