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Been with the same Key Bank, main use, one for a while.
Have a couple months living/lawyer cash with another one just in case. Don't keep all the eggs in one basket.
Gotten offers of up to $750 to open an account with others and didn't. Read that small print.
It's nice to see the same tellers at my branch but there has been some turnover this past decade and a half, usually for good reasons. They've generally given good advice over the years and competitive with market interest rates which were about zero until recently.
However I closed an account with their investment branch because it was bought by BNY. Those are the bastards that bought another bank holding all the $70k in stock grandpa left me which stayed untouched for thirty years. The single BNY letter said the assets were abandoned, it would be the only warning notice given, and the letter was sent to an address I hadn't lived at for several years. That's the kind of thing PayPal does. My very experienced broker said moving the account over to him was one of the most difficult things he'd done.
I won't even consider BOA, Wells Fargo, Chase. Read and heard too many bad things. BOA was charging $3.50 for using their local ATM monopoly in San Francisco plus another $1.50 from my bank. A buddy knew all that and thought he could outsmart them. They processed his mortgage late (electronically) and started racking up late fees. No tellers, no cust service yada.
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Meanwhile other things are still happening.
Last edited by john70t; 08-11-2023 at 08:12 AM..
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