Say Goodbye to Free Checking [Consumer] - MarketTicker Forums


	Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2012 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available You are not signed on; if you are a visitor please register for a free account!

Sponsored Advertising

To remove advertising from your display upgrade to Gold Donor status

MarketTicker Forums Read Message in Consumer

User: Not logged on

User Info	Say Goodbye to Free Checking in forum [Consumer]
Matt_bear Posts: 6324 Incept: 2008-07-15 a week early on spy puts	http://www.dailyfinance.com/story/goodby.... We are finally starting to see the banking industry's full response to the regulations that Washington put on them with the Credit Card reform act. The banks will be getting their "revenue" back, and in the end the only loser was us, the American people. I have a 2nd account with Chase that just got hit with a service fee so I'll be closing it either today or monday. I love how the article says that they understand they'll lose a good amount of customers but just don't care. ---------- In terms of real-world fundamentals, I expect that most of the people around me, whom I work with day to day, and whom I pass on the street ... will be dead within five years. 2011-03-18 10:18:39 Permalink
If Posts: 1193 Incept: 2008-01-06	Just received letter from Compass that starting 3/25/11, they will charge $8.95/ month to have a checking acct. I am switching to a credit union that is free for now. It is a pain since all my online stuff is through Compass but I am not paying that fee. ---------- I finally took the red pill. I have a lot of catching up to do. Please excuse my ignorance. 2011-03-18 11:05:41 Permalink
Otiswild Posts: 5613 Incept: 2009-03-09 Inside you, the force is!	Already said goodbye to ***tibank, and if my CU gets cute I'll lose them as well. 2011-03-18 11:29:07 Permalink*
Cgbgjr Posts: 504 Incept: 2010-04-14 Porcupine Quillage	The last time (ten years ago) my bank pulled that junk on me I started my own little PR campaign to turn it around. (and yes, it worked!) --I sent a large font italic letter (wanted to appear a little old and cranky, and figured most of the old board members didn't have great eyesight :-) ) to each member of the board of directors. I told them they were alienating their long-time customers like me, and that they needed to replace the executives who made the bad decision. I also gave them a lecture on why activist boards were critical to avoid future Enrons, etc etc --Then I sent a detailed letter (with a copy of the board email) to the local "alternative press" asking them to do further research and publish an article about it. (One of them did no research and just rehashed everything I told them in an article!) Bottom line--sometimes they have to feel the heat to see the light! ---------- You know you are in the Dark Ages when Alchemy looks like Destiny. 2011-04-03 06:53:15 Permalink
Guydaley Posts: 15320 Incept: 2007-07-10 Wyoming only ATM Banned	Cgbgjr - OUTSTANDING!! I want to metaphorically shake your hand. ---------- Its called creeping TEOTWAWKI. Just because it doesn't happen all at once doesn't mean it isn't happening. 2011-04-03 09:57:24 Permalink
Matt_bear Posts: 6324 Incept: 2008-07-15 a week early on spy puts	what bank did you send the letter to? Somehow I doubt Chase or Bank of America's board would ever get it. ---------- In terms of real-world fundamentals, I expect that most of the people around me, whom I work with day to day, and whom I pass on the street ... will be dead within five years. 2011-04-05 09:24:03 Permalink