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As I wrote in this space a few weeks ago - I left, and I won't be going back. Technological advantages that BoA had for retail customers years ago have been adopted by regionals and credit unions. A network of 27,000 service fee free ATMs..... After moving most of my money online, I finally had to go to a branch and ...more
Well, I have had my 'total' banking relationship with BOA for over 15 years. The fees would not apply to me due to the number of accounts and balances that I maintained with them. Nevertheless, Over the last 10 days I have systematically pulled by money out of BOA in favor of a regional credit union. They take a tax p...more
The sheep have been led to the slaughter. Our elected representatives bought this hogwash and allowed us to be swindled out of our defined benefit pensions for the con game that is a 401k. Instead of sending taxes to a gov't plan, we send our 'contributions' to Wall Street where money professionals work around the ...more
Wall Street has us where they want us. It took a long time to get our money back into the markets. Crafty 401k legislation (retirement Ponzi scheme), lower capital gains taxes, and 0% interest on conventional savings. Now we all have 'skin in the game'. Gov't threatens them with regulation, they tank the markets, an...more
Have been with CitiBank since 1989, credit score in the 790s...pay off the entire balance every month. Two weeks ago they called - my rate is going to 29%. Not that it matters because I don't carry a balance, but the nerve of these people. Several scathing emails and calls later, they are unrepentant and unapologetic...more
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