Figured this out last spring. Got tired of policing my account for random fees that shouldn't be there.

H31N0US: Figured this out last spring. Got tired of policing my account for random fees that shouldn't be there.


Us, too. We closed our BoA account and use a small, local bank as our main checking now.

I saw on the news this morning a lot of the other big banks that were going to use all these new fees are changing their minds

Shouldn't someone be occupying something? How can anything occur without meangless, long-term protests based upon vague, ill-defined messages?

This isn't fair!! All you dirty socialists are ganging up on this poor mega-bank! Somebody give these guys a free-market taxpayer-funded bailout to counteract the socialism, stat!

mavrickatubc: Shouldn't someone be occupying something? How can anything occur without meangless, long-term protests based upon vague, ill-defined messages?

You sound concerned. And obtuse.

groppet: I saw on the news this morning a lot of the other big banks that were going to use all these new fees are changing their minds

I saw it on Good Morning America. Their graphic had all the big bank's logos and I got a mental picture of them all running a train on the BoA logo since that's essentially what they just did.

BOA left twisting in the wind? could be a suggestion to their customers about what to do with the CEO

zetar: H31N0US: Figured this out last spring. Got tired of policing my account for random fees that shouldn't be there.


Us, too. We closed our BoA account and use a small, local bank as our main checking now.

I figured it out about 25 years ago and joined a credit union. They actually PAY ME BACK for my ATM fees.

Isn't it time for a new kind of bank?

unyon: Wait, I thought that businesses always passed along those new costs that they're incurring to customers? That's what the conservatives keep telling me.

And the free market is responding. People are moving their money to banks and credit unions where the company is interested in keeping customers.

As an athiest, I would *never* bank at a place that prays on customers.

/Seriously, wtf happened to editors?

madbradley: Isn't it time for a new kind of bank?

The bank I started out with (SeaFirst) was bought by BoA. After a few years of loyalty that wasn't reciprocated by BoA (who instituted fees for not maintaining a high enough balance on checking I fired them. Took my business to another bank that was promptly bought by Chase. That lasted about 2.5 years and then poof no more free checking. I fired Chase and am now at a credit union where I pay myself a dividend instead of subsidizing some share holders.

But, but, the Bank of America Corporation Person thingee has a RIGHT to steal our money and make us pay for the privilege of giving it our money so it can use that money to risk on investments and make bets against the success of the national economy.
It's in the Constitution!

1. Take your money out of Bank of America.
2. Move it somewhere that your business is appreciated.
3. Suddenly BoA isn't too big to fail anymore.

Tada!

impaler: I thought the new regulations that limit debit interchange fees, meant the banks were forced to charge us this new fee (thanks Obama), because they have a right to make a profit?

How much do you get from the GOP to shill for them? I want to get in on that action.

I switched to Citizens Bank several years ago because Bank of America was condescending, distant, and biatchy, which is why I left several girlfriends.

B of A also sucked me dry, which ironically is what I liked about my previous girlfriend.

Bank of America:
--> $5/month just to use their debit card
--> 0.1% interest on savings account
--> run by financial terrorists, money sucked up from local economy and funneled away to degenerate gamblers (aka bank executives) thousands of miles away in Manhattan


Credit union:
--> $0/month to use their debit card
--> 6.1% interest on savings account
--> locally owned, money stays in the local economy


Anyone still using the TBTF banks is a chump.

I've really been wondering why people still use these big banks. Do you really get anything extra? ATMs are all on networks now and more often than not you can find some sort of credit union you can use that has no-fee ATMs.

I could maybe see it being necessary if you ran a business and needed a lot of face time with a teller and having a large bank could mean having access to a nearby branch office. Or maybe you get better loan deals with a bigger bank?

WhackingDay: I've really been wondering why people still use these big banks.

I've been at wells fargo since 98 when they were the clear best choice for online banking on the west coast. I have checking, savings, mortgage, and a home equity line there. None of the accounts have any fees whatsoever, their atm's are ubiquitous, and I can seamlessly transfer money between all those accounts and make mortgage payments from any computer or my phone. The only thing I saw about a debit card fee is the email they wouldn't be charging me one. I have no emotional loyalty to them, I just have no idea why the hell I'd change.

Goodfella:
Credit union:

--> 6.1% interest on savings account


Bullshiat. No financial institution would be able to pay out interest rates like that in today's market.

Goodfella: Bank of America:
--> $5/month just to use their debit card
--> 0.1% interest on savings account
--> run by financial terrorists, money sucked up from local economy and funneled away to degenerate gamblers (aka bank executives) thousands of miles away in Manhattan


Credit union:
--> $0/month to use their debit card
--> 6.1% interest on savings account
--> locally owned, money stays in the local economy


Anyone still using the TBTF banks is a chump.

Bingo!

TheShavingofOccam123: Yes but did she give you a free toaster every time you opened your pants?

A good oral jizz is a million times better than one crappy toaster.

Goodfella: Credit union:
--> $0/month to use their debit card
--> 6.1% interest on savings account
--> locally owned, money stays in the local economy

Pics or it didn't happen.

With that $60 you save at Chase, you can buy a tent.

WhackingDay: I've really been wondering why people still use these big banks. Do you really get anything extra? ATMs are all on networks now and more often than not you can find some sort of credit union you can use that has no-fee ATMs.

Or if you need cash just hit the local grocery store, buy a pack of gum and get cash back with your debit card.

Goodfella: Bank of America:
--> $5/month just to use their debit card
--> 0.1% interest on savings account
--> run by financial terrorists, money sucked up from local economy and funneled away to degenerate gamblers (aka bank executives) thousands of miles away in Manhattan


Credit union:
--> $0/month to use their debit card
--> 6.1% interest on savings account
--> locally owned, money stays in the local economy


Anyone still using the TBTF banks is a chump.

No farking way you get 6.1% interest. That's regional market crashing arbitrage there.

Boeing Employees Credit Union (new window) pays 6.17% on the first $500 in member advantage checking and savings account. Above $500 it drops to .15%

USAA

Hey EVEN rich folks object to random charges on their checking accounts. Its not just a money issue but a principle that just about everyone can see. Still, the only thing that will make B of A back down is if it suffers a tidal wave of deserters. Fortunately we may be sing the first signs of that wave.

FTFA: BAC -0.41%

Pft, what a downer.

M0nkeyp0x: FTFA: BAC -0.41%

Pft, what a downer.

I mean, I'm way drunker than that.

cannibalparrot: As an athiest, I would *never* bank at a place that prays on customers.

/Seriously, wtf happened to editors?

The money comes pre-prayed from the factory.

BofA seems to have forgotten how banking works.

I open up an account with your bank, and put some money in it.
You take that money and invest it, makes loans with it and so on to make yourself money.
You also pay me interest for the privilege of being able to use my money to make money.
That money is not yours. It is mine. Therefore I should never have to pay to get what is mine when I need or want it.

Banks don't pay sh*t in interest any more on checking and savings accounts, so the least they can do is STFU when you want to get what's yours from them without being charged money to do so.

Fu(k BofA.
/local credit union for the last 27 years
//only used my citibank card once in the past year
///paid it off that month

JohnBigBootay: I've been at wells fargo since 98 when they were the clear best choice for online banking on the west coast. I have checking, savings, mortgage, and a home equity line there. None of the accounts have any fees whatsoever, their atm's are ubiquitous, and I can seamlessly transfer money between all those accounts and make mortgage payments from any computer or my phone. The only thing I saw about a debit card fee is the email they wouldn't be charging me one. I have no emotional loyalty to them, I just have no idea why the hell I'd change.

Two reasons to change to another bank:

1. Wells Fargo pressures their employees to sell you stuff. That's why they're always offering you crap you don't need -- few other banks do this.
2. Wells Fargo employees aren't really trained in anything else. If you encounter a problem with their services, all the people at the bank can do is write down the 800 number on a piece of paper and tell you to enjoy the "on hold" music.

Atomic Spunk: Goodfella:
Credit union:

--> 6.1% interest on savings account


Bullshiat. No financial institution would be able to pay out interest rates like that in today's market.




You should try opening an account with this guy

Goodfella: --> 6.1% interest on savings account

I think you better move that decimal point to the left one digit if you want that statement to be accurate.

zerkalo: The bank I started out with (SeaFirst) was bought by BoA. After a few years of loyalty that wasn't reciprocated by BoA (who instituted fees for not maintaining a high enough balance on checking I fired them. Took my business to another bank that was promptly bought by Chase. That lasted about 2.5 years and then poof no more free checking. I fired Chase and am now at a credit union where I pay myself a dividend instead of subsidizing some share holders.

/wipes a tear

I miss Seafirst. That was the first bank account I ever opened with the money I got from my freaking paper route in the 6th grade. I am STILL with BOA after all these years, however that ends Monday (or Tuesday) next week.

My credit union pays 1.5% on the first $25,000 in checking if you jump through some hoops. They have a youth account that pays 5% up to $500.

But unless you live in a handful of counties in Georgia you can't have an account there.