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As long as account holders indefinitely surrender enough of their money for the bank to invest? Joel Send a noteboard - 01/10/2011 02:35:49 AM
That is what that amounts to, right? I agree with Tim: As long as account holders are in the black, the bank owes them, not the reverse.
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This message last edited by Joel on 01/10/2011 at 02:36:17 AM
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Bank of America faces outrage over debit card charge Aisha - 30/09/2011 06:27:03 PM 944 Views
I'm so glad I don't bank with them. Tom - 30/09/2011 07:01:32 PM 544 Views
I just went to TD for my personal acount today...we are still looking for our joint account... *NM* Aisha - 30/09/2011 08:15:57 PM 196 Views
screw all the big banks random thoughts - 30/09/2011 07:19:36 PM 492 Views
I was relatively happy with Wells Fargo when I used them... LadyLorraine - 30/09/2011 08:18:34 PM 432 Views
Agreed, but read the fine print when you switch. Joel - 30/09/2011 08:21:31 PM 587 Views
I agree Praziquantel - 30/09/2011 11:25:00 PM 563 Views
I love my credit union, so drama free. I would never switch to a bank. *NM* everynametaken - 01/10/2011 03:04:39 AM 237 Views
Yeah, do more of what made folks mad enough to pass a federal law and kill your stock price. Joel - 30/09/2011 08:35:19 PM 476 Views
Hopefully this means no-one will dare do that here, having seen the reaction. Tim - 30/09/2011 11:11:29 PM 490 Views
You'd think that. Morgawse - 01/10/2011 01:13:33 AM 657 Views
Really like, and have already stolen, that last line. Joel - 01/10/2011 02:40:44 AM 630 Views
It seems so silly. Like a knee-jerk reaction. nossy - 30/09/2011 11:14:40 PM 550 Views
Can't believe they're still in business. They are a shame to the human race. *NM* Praziquantel - 30/09/2011 11:26:32 PM 212 Views
You mean BoA, not banks in general, right? Joel - 01/10/2011 02:41:36 AM 605 Views
Yes, I specifically mean BofA. Praziquantel - 01/10/2011 02:52:20 AM 434 Views
I know, I was just teasing. Joel - 01/10/2011 03:21:59 AM 571 Views
Maintaining a modest sum of money in checking/savings/CDs obviates this charge and most others Vodalus - 01/10/2011 02:02:51 AM 539 Views
Hm? nossy - 01/10/2011 02:12:41 AM 482 Views
Right. It's not an issue if the combined total meets BoAs requirement. Vodalus - 01/10/2011 02:33:15 AM 646 Views
The bank may have the right to protect itself from losing money nossy - 01/10/2011 03:15:52 AM 559 Views
Yes, but griping about pains arising from symptoms does nothing to cure the disease. Vodalus - 01/10/2011 03:25:29 AM 546 Views
I'm still right. *NM* nossy - 01/10/2011 04:23:06 AM 202 Views
I never said you were wrong. Vodalus - 01/10/2011 04:41:23 AM 529 Views
I just like hearing people say it. nossy - 01/10/2011 03:31:45 PM 636 Views
As long as account holders indefinitely surrender enough of their money for the bank to invest? Joel - 01/10/2011 02:35:49 AM 470 Views
No. I mean BoA doesn't want to have clients who cost money rather than make money for the bank. Vodalus - 01/10/2011 02:57:20 AM 540 Views
Well, charging people $5/month to use their own money will not accomplish that goal. Joel - 01/10/2011 03:24:07 AM 491 Views
Sure it will. They'll pay the fees or they'll leave. Either way BoA wins on that front. Vodalus - 01/10/2011 03:31:23 AM 597 Views
I suppose, if turning the departure of account holders into a stampede counts as "winning." Joel - 01/10/2011 04:18:11 AM 566 Views
If it's limited to the targeted account holders, the unprofitable ones, then it is winning. Vodalus - 01/10/2011 04:53:20 AM 553 Views
But the targeting is determined by how much money account holders semi-permanently loan banks. Joel - 01/10/2011 05:49:57 AM 615 Views
$20K is not a modest sum of money to keep in the bank *NM* random thoughts - 01/10/2011 02:58:55 PM 196 Views
modest=$100,000 *NM* Aeryn - 01/10/2011 04:36:56 PM 199 Views
Wells Fargo is considering a similar fee *NM* Roland00 - 01/10/2011 02:29:39 AM 342 Views
Love my credit union, I would never use a bank if I absolutely didn't have too. Go CUs! *NM* everynametaken - 01/10/2011 03:06:21 AM 206 Views
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