CHARLESTON, W.Va.-Not every credit union saw much in the way of transfers on Bank Transfer Day. Pioneer West Virginia FCU said it didn't see a dime of increased business. Dan McGowan, SVP/CFO at the $140-million CU, said, "I don't know anything about the rest of the West Virginia credit unions, but Bank Transfer Day here has been a bust."
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PWVFCU opened only one new account, and that was driven by the credit union's new debit card promotion that pays members five cents every time they swipe their debit card (
