Re: Bastards in Banking
Few years ago Barclays refused to take cash from my husbands business, so we took it elsewhere never known a bank not want money before. Lloyds let us down when they closed our account accidentally (should have been another person with same name) that caused us so much grief we moved to Royal Bank of Scotland and we have been with them since. I don't feel we ask much just accept our money and keep the account open so our rent gets paid. Not so much to ask I don't think.Re: Bastards in Banking
During my professional career I did come across the Credit Union business model. I was impressed by their ethos and completely understood how they helped ordinary people in a way that the banks could not. I saw that it depended on the dedication of the voluntary officials. When people asked for a loan the decision was made people who actually knew the applicant and his/her ability to repay. I would guess that the changes that Bruce related reflected a thinning out of that public service ethos. Without it you are better off with a bank in spite of the anonymous nature of the relationship.Re: Bastards in Banking
Re: Bastards in Banking
Years ago, when the banks all decided en masse to drop free checking accounts, I closed down the two checking and one savings accounts at three different banks (Chase, Bank of the West, and US Bank), and switched to two credit unions. Got my free checking accounts back, plus no $7 monthly service charge on the savings. Best of all, no sneaky attempt to overdraft me, like Chase tried to pull. Credit Unions have done me right. Banks not so much, although I liked Washington Mutual and US Bank, but WaMu went under, and while I liked U.S. Bank...not enough to pay $7 a month for what the credit union gave for free.
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