What happened: Don’t do business with big banks no matter what they say or how slick their advertising is. They are all a bunch of thieves. Lesson Learned: When my local bank was bought by a big nation bank, I kept my account because I believed what they said. Within a month I realized that what they did and what they said were not even close to being the same. Worse than politicians. Details: I had a saving and check account with a small local bank. Because I kept $2000 minimum in the savings account, I did not have to pay any fees. They were bought by, I’ll call them, First Greed of America. They sent me a notice that they would be taking over in three months, but nothing would change. Every two weeks after that I got junk mail from them assuring us the Nothing Would Change. When First Greed finally took control and sent my monthly statement, there was a $6 ‘membership assessment’. I was assured that this was not a monthly fee, but an assessment. Next month I got another $6 membership assessment. I went down to the bank and very politely said WTF. I was not paying any fee before, but now I am and they had repeatedly said there were not going to be any changes. The teller was no help, so I talked to the manager, who was the same from before. He told me there was nothing I could do because of the new rules from the new owners. I closed both accounts.

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Nov 9, 2011 02:12 PM - Smart Shopping - by Adam (man)

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