Bank Account - So many to chose from?
May 16th 2007, 12:30 am
#16
SUPER MODERATOR
Joined: Dec 2005
Posts: 88,023
Re: Bank Account - So many to chose from?
For your needs, you're probably better off with a Piggy Bank here mate. The banking is a little different here to say the least; think banking in the UK 15 years ago. The holds on cheques are what gets me the most - ridiculous! I mean why do you need to hold my paycheque for seven days? Why?
I'm with BOA if it helps.
I'm with BOA if it helps.
May 16th 2007, 1:54 am
#18
Banned
Joined: Feb 2007
Location: unknown
Posts: 1,509
Re: Bank Account - So many to chose from?
They are ALL muppets 
Seriously, they really are
I'd go with a broker like Morgan Stanley or J.P. Morgan if you have "some" money to invest. that way, you'll always get through to someone if you have a problem.
Bank of America is OK now because we rarely go into any of their branches. The last time I was in there I was doing a wire with one of the agents. The manager walked in and rudely asked the agent how long she was going to be, completely ignoring me. I told the Manager EXACTLY what I thought of her rudeness. Of course she applogised but if a "manager" with this attitude can rise through the ranks of banking, I rest my case "Muppets".
If the wire wasn't being done with MANUAL PAPER in triplicate and verification PHONE calls I wouldn't have been in there so friggen long !!
Seriously, they really are
I'd go with a broker like Morgan Stanley or J.P. Morgan if you have "some" money to invest. that way, you'll always get through to someone if you have a problem.
Bank of America is OK now because we rarely go into any of their branches. The last time I was in there I was doing a wire with one of the agents. The manager walked in and rudely asked the agent how long she was going to be, completely ignoring me. I told the Manager EXACTLY what I thought of her rudeness. Of course she applogised but if a "manager" with this attitude can rise through the ranks of banking, I rest my case "Muppets".
If the wire wasn't being done with MANUAL PAPER in triplicate and verification PHONE calls I wouldn't have been in there so friggen long !!
May 16th 2007, 1:30 pm
#20
Lost in BE Cyberspace
Joined: Jan 2007
Location: NW Chicago suburbs
Posts: 11,253
Re: Bank Account - So many to chose from?
I wonder if the policy might vary not only by bank, but by how long you've had an accout or credit rating or other things.
May 17th 2007, 8:39 pm
#21
Pass me the Marmite..
Joined: Feb 2004
Location: Atlanta, GA.
Posts: 864
Re: Bank Account - So many to chose from?
I work in a bank and the general attitude to wires etc is "fvck that it doesn't help us reach our sales goals." Nobody wants to spend time on things like service because the bottom line is what you live and die by. Bank jobs here are similar to car salesman jobs. You wouldn't expect your dealer to spend a few hours installing your kids car seat would you ? Because of the corporate greed here the employees don't have time to waste on service issues so the manager was probably freaking out because she had another customer waiting who had potential growth for her branch.
Yup that sums it up then.
I would say though, I didn't mind so much being interupted but an "excuse me, I'm really sorry to bother you, would you mind...." but no, it was barge in, ignore me as if I wasn't even in the room. I don't care if you earn $5 an hour that's just plain obnoxious.
To your point about having another customer with potential growth. To give you an idea, I shut down my companies account with them and had 3 senior managers from the branch calling me to try and get me to change my mind. It was not an insignificant amount we had on balance there.
Short-sighted - YES. Rude - YES. Any excuses for them - NONE.
Muppets...
May 17th 2007, 11:17 pm
#22
Banned
Joined: Feb 2007
Location: unknown
Posts: 1,509
Re: Bank Account - So many to chose from?
Yup that sums it up then.
I would say though, I didn't mind so much being interupted but an "excuse me, I'm really sorry to bother you, would you mind...." but no, it was barge in, ignore me as if I wasn't even in the room. I don't care if you earn $5 an hour that's just plain obnoxious.
To your point about having another customer with potential growth. To give you an idea, I shut down my companies account with them and had 3 senior managers from the branch calling me to try and get me to change my mind. It was not an insignificant amount we had on balance there.
Short-sighted - YES. Rude - YES. Any excuses for them - NONE.
Muppets...
I would say though, I didn't mind so much being interupted but an "excuse me, I'm really sorry to bother you, would you mind...." but no, it was barge in, ignore me as if I wasn't even in the room. I don't care if you earn $5 an hour that's just plain obnoxious.
To your point about having another customer with potential growth. To give you an idea, I shut down my companies account with them and had 3 senior managers from the branch calling me to try and get me to change my mind. It was not an insignificant amount we had on balance there.
Short-sighted - YES. Rude - YES. Any excuses for them - NONE.
Muppets...
May 19th 2007, 10:50 pm
#23
Pain in the Butt
Joined: Mar 2006
Location: Newark, DE
Posts: 286
Re: Bank Account - So many to chose from?
checking or savings account won't build up your credit file.
Choice of bank depends if you want a high street bank or online.. online I'd go for ING Direct for both checking and savings.
Choice of bank depends if you want a high street bank or online.. online I'd go for ING Direct for both checking and savings.
May 20th 2007, 12:28 pm
#24
BE Forum Addict
Joined: Aug 2004
Location: Tampa, FL
Posts: 3,338
Re: Bank Account - So many to chose from?
If theres a HSBC in your area, where you can get money out, I'd recommend them. You might not be bothered about super-duper interest rates, but you might as well get one if it costs nowt, and there are plenty of cash machines about! Their online saver comes with an ATM card, and you'll get 5.05% on your money.
If there is not a branch in the area, ATM charges will rule any interest you might make out, however - in that case, I'd be tempted to go with whatever bank is well represented around your area. If you have a choice, I'll also jump in the Wachovia camp, never had any probs with them.
If there is not a branch in the area, ATM charges will rule any interest you might make out, however - in that case, I'd be tempted to go with whatever bank is well represented around your area. If you have a choice, I'll also jump in the Wachovia camp, never had any probs with them.
May 21st 2007, 12:09 am
#25
Renegade who has it made
Joined: Oct 2005
Location: Indiana
Posts: 1,077
Re: Bank Account - So many to chose from?
No matter what, do not go with Key bank. I had some very horrible experiences with them and would not recommend them to anyone! HSBC seems pretty good though from what i've heard.
May 21st 2007, 6:04 pm
#26
Who?
Joined: Oct 2004
Location: Stepford
Posts: 3,098
Re: Bank Account - So many to chose from?
We are with Citizens. Our local branch is brilliant and they are much, much better than our bank in the UK.
We bank with RBS in the UK who are the same group as Citizens so that helped when we opened the account.
We bank with RBS in the UK who are the same group as Citizens so that helped when we opened the account.
Jun 1st 2007, 11:47 pm
#27
BE Forum Addict
Thread Starter
Joined: Feb 2007
Location: USA
Posts: 2,212
Re: Bank Account - So many to chose from?
ok i went to dort federal credit union.... seems to be ok so far...
Jun 3rd 2007, 12:37 pm
#28
Position - Offside
Joined: May 2005
Location: Harvest, Alabama from Newport Pagnell, Bucks/Mitcham, Surrey
Posts: 413
Re: Bank Account - So many to chose from?
I am with a Federal credit union and love it. They have simplified banking and offer so much more. Some things, like online bill paying are free with my FCU whereas I was charges with Wachovia. On the whole FCU's loan rates and mortgage rates are very competitive. The downside, at least where I live, is that trying to get into a branch on a Saturday is almost impossible. With the heavy military, NASA and other government here it seems everyone has an account there.
