"Whoever coined the phrase 'Let the buyer beware' was probably bleeding from the asshole."

It sounds like subby has boring friends.

My friends don't charge me interest when they loan me money.

"And, the thinking goes, if you're so entangled with your bank you might not be so quick to ditch it when the next Bank Transfer Day comes along. "

This is the only line of the entire article that mattered........................

LinkI'm hoping to FINALLY jojn a credit union this month....well, it would be in my hubby's name as I show up in chexsystems :-(

/hate banks

Everybody in Wells Fargo must be told they have to act like best friends with customers, to the point where it makes me feel uncomfortable.

Stop asking me about my weekend plans! You don't care. You don't care about my life.

joyride75: Everybody in Wells Fargo must be told they have to act like best friends with customers, to the point where it makes me feel uncomfortable.

Stop asking me about my weekend plans! You don't care. You don't care about my life.

Yes!

I already have "Relationship Banking" with my local Credit Union - have for a long time now. On the rare occasions I actually have to visit a branch I do appreciate that the tellers are almost all young, attractive female types, but at this point of my life I am even more appreciative of the fact they are trained to get you in and out with the least amount of small talk possible.

/old
//married
///yes, getting fat too

Sometime last year when banks and their malfeasance were in the lead news stories every day, both my wife and I noticed that the tellers at the local Wells Fargo had become nauseatingly solicitous. The first time I noticed I was conducting a foreign currency transaction and I thought what I considered rather nosy questioning was some sort of security thing. But then I noticed it happening every time. I don't need a oozingly nice cashier, I need a quick and efficient cashier. Fulfill my request and let me leave, I don't want to talk about my plans for the weekend.

Wow, I remember the good old days when banks used to pay us for the privilege of using our money. You are better off today putting your money under your mattress. Neither one pays any interest to speak of, but at least your bed isn't actively and openly trying to steal all your money.

Ace Rimmer: Wow, I remember the good old days when banks used to pay us for the privilege of using our money. You are better off today putting your money under your mattress. Neither one pays any interest to speak of, but at least your bed isn't actively and openly trying to steal all your money.

Last week, I saw an advertisement online for a "high yield" savings account that was 0.8%. When I opened my first savings account, the going rate was about 2.0%, and people said that was low.

So now I need both my PIN and a safe word?

quizzical:

Last week, I saw an advertisement online for a "high yield" savings account that was 0.8%. When I opened my first savings account, the going rate was about 2.0%, and people said that was low.

the Fed has forced banks to pull down both lending and savings rates since 2000.

Trust me, greedy banks would prefer higher interest rates.

Yay Greenspan

quizzical: Ace Rimmer: Wow, I remember the good old days when banks used to pay us for the privilege of using our money. You are better off today putting your money under your mattress. Neither one pays any interest to speak of, but at least your bed isn't actively and openly trying to steal all your money.

Last week, I saw an advertisement online for a "high yield" savings account that was 0.8%. When I opened my first savings account, the going rate was about 2.0%, and people said that was low.

Wells Fargo just dropped the yield of my saving account from 0.04% to 0.01%... as did my hometown bank, which was 5% when I opened that account there 25 years ago.

/got a whole 94¢ in interest with WF last year

I've used a credit union for over a decade now. And that started right after I worked for what was then the tenth largest bank in the U.S. Once you've seen the beast from the inside, you'll never want anything to do with it again, if you can avoid it.

Ace Rimmer: Wow, I remember the good old days when banks used to pay us for the privilege of using our money. You are better off today putting your money under your mattress. Neither one pays any interest to speak of, but at least your bed isn't actively and openly trying to steal all your money.

True this.

My mattress has never charged me money for not having "enough" money in the mattress, and then charging me until I *owe* my mattress money.

/because that would be dumb.

opiumpoopy: Last week, I saw an advertisement online for a "high yield" savings account that was 0.8%. When I opened my first savings account, the going rate was about 2.0%, and people said that was low.

the Fed has forced banks to pull down both lending and savings rates since 2000.

Trust me, greedy banks would prefer higher interest rates.

Yay Greenspan

0.5% for my credit union. Been looking for somewhere to stow my money for 12-18 months as I save for a house since I wont be touching it.