I've heard plenty of horror stories about BofA.
It really depends on what banks you have in your area & who's convenient for you, but I've turned a lot of people on to Compass bank & have heard nothing but good things about them.
I used to think that a bank was just another bank, but these guys are great.
It really depends on what banks you have in your area & who's convenient for you, but I've turned a lot of people on to Compass bank & have heard nothing but good things about them.
I used to think that a bank was just another bank, but these guys are great.
BOA had nothing but troubles
deposited cash 3 times - they put the money in someone elses account - lucky I kept the receipts so made it easier.
someone bounced a check to me for 5k and they charged me roughly 570 dollars in total - as that bounced smaller checks and racked up fees. i didnt send out checks until the account had said the money was available - boy oh boy was that a pain. CS only has authority up to 100-200 so had to go to state manager - personal view they suck
have a smaller bank now - walk in never a line - CS like you wouldnt believe, clear checks in 24 hours cant say enough good things abt that bank.
deposited cash 3 times - they put the money in someone elses account - lucky I kept the receipts so made it easier.
someone bounced a check to me for 5k and they charged me roughly 570 dollars in total - as that bounced smaller checks and racked up fees. i didnt send out checks until the account had said the money was available - boy oh boy was that a pain. CS only has authority up to 100-200 so had to go to state manager - personal view they suck
have a smaller bank now - walk in never a line - CS like you wouldnt believe, clear checks in 24 hours cant say enough good things abt that bank.
I have been with Watch-overya forever. No issues. No monthly service fees, free checks, great CSR etc. Highly recommend.
To anyone who has overdraft issues from time to time go to your bank and open an overdraft protection account or set up auto withdrawl from savings to avoid those crazy overdraft fees. My 2 cents:toast:
To anyone who has overdraft issues from time to time go to your bank and open an overdraft protection account or set up auto withdrawl from savings to avoid those crazy overdraft fees. My 2 cents:toast:
I have used two local family owned banks since the early 80s. Oklahoma went through what most of the country is going through now(bad loans), when they made some of the most ridiculous energy loans(see Penn Square Bank), Ever! One time on a plane ride home from Vegas, a famous loan officer(went to the joint) offered me a $200,000 line of credit on a cocktail napkin. I'm sure their will be a few books written about some of these banks and hedge funds that go under.
Yes BOA is horrible. Think about it, they are the biggest bank, that means they will pretty much hire anyone to work for them (think walmart) I have BOA , Fidelity online, etrade online and my Local credit union. The CU is the best in fees and customer service wise. Plus I like the fact that I can walk in and speak with the same person that opened my account 2 years ago.
I must be the exception to the rule. Have been with B of A more than 30 years, back when they were called Nation's Bank. Never a problem. As for fees, direct deposit, eliminates checking fees. Except you must buy checks that you use. Free on line banking, bill pay. Maybe have just been lucky.
LOL, I have accounts in Wamu, BofA and Commerce Bank.
Going to wait and see what happens with Wamu,but I will be leaving BofA
If you have a Commerce Bank near you, Go there !!
WaMu going under seems pretty inevitable
they have soooo many bad mortgages on the books
likely money will be locked up for some time as FDIC tries to figure it all out
whatever you do make sure you at least are under the 100,000 FDIC insurance limit
