Banking is an absolute discomfort in the rear. And, I am sure you have already noticed this pin prick to the cheeks. It has gone from a helpful service to a disservice. Switching the customer service from the customers to the shareholder. Just another way to make tons of money from our money. It all use to be the other way around.
In the case of Bank of America they want the account holder to pay for BOA’s recent failings and mistakes. Bad loans. Purchase of Countrywide Mortgage. And the list goes on. Who do they think they are? Acting more like mobster Wise guy loan sharks than a friendly neighborhood bank. “Hey Bud, I’m Veto your banker.”
I was with Bank of America a few years ago but switched to a local bank. Saving considerable money on the maintenance of my checking account. Plus they are not going to charge a monthly fee for my check card. And, I have no minimum balance to maintain.
I would strongly suggest if you have an account with one of the mega-banks to switch. Switch to a local or online bank that has no such fees as mentioned above. Yes, it might take a beit of your time to do this but it will send the Big Banks and Wall Street a message. Do it as soon as possible. Tell your big bank to BANK THIS!
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