Chattanooga Community Bank Takes Over Gas Station In Nationwide Initiative To Contrast Community Banking From Megabanks

Thursday, August 29, 2013

This week, Capital Bank picked up the tab at a local gas station, personally pumping gas for Chattanooga residents and encouraging consumers to take back their banking from America’s megabanks. Over 30 other community banks and credit unions across the country participated in the national “Take Back Your Banking” initiative.

Officials said, "The event displayed the sense of community and personal touch that the megabanks famously lack. Employees from Capital Bank manned the event by educating consumers on how banking locally fuels the local economy and personally pumping $20 of free gas to the first 200 residents in each city, totaling $4,000.

"Over the past few years, the too-big-to-fail megabanks have introduced new fees, consistently have horrendous customer service, and are widely considered to be the cause of the Great Recession. In partnership with, participating community banks and credit unions, including Capital Bank, showcased the many benefits they offer; including free reward checking, superior customer service, nationwide ATM fee refunds and no minimum balance requirements."

All 38 gas station takeovers received an overwhelming amount of support. Gas stations saw lines stretching several blocks and some people even camped out overnight to receive free gas. Other participating cities included Dallas, Atlanta, St. Paul, Baltimore, St. Louis and Portland, along with over 30 others.

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