...Most large banks need to die. I moved to a credit union 10 years ago and haven't looked back since. Don't boycott, kill the bastards. Changing ones life style to never need a bank again is the only answer. It fixes a lot of other things as well. ;D

"We're all of us children in a vast kindergarten trying to spell God's name with the wrong alphabet blocks." Edwin Arlington Robinson

It's time for me to man up, too, and close my Chase accounts. Thanks for the nudge, Don.

free Amtrak miles with my purchases. Can you suggest another way of getting those same free Amtrak miles? Thank you.

Have savings rates of less than 1%. Ing Direct has around 1.6%. I'm keeping my local credit union for direct deposit and checking. But the bulk of my money is not with them.

to the credit unions too. My old one got bought by a bigger one and in the ensuing computer chaos decided that i had taken out a loan in 1899 that i never bothered to pay back. No one seems terribly concerned that such a loan would be physically impossible nor able to answer why it took them 110 years to figure out that i wasn't paying.

But in general, i agree. I do keep a CC with zero balance for emergencies,etc. but otherwise have my money in a community bank with a good track record of fiscally conservative behavior.

We moved into a nicer house two months ago (not a foreclosure sale). Our loan has been purchased by Wells Fargo. I know banks don't make most of their money by servicing loans, but I don't suppose I can move the loan from Wells Fargo to my regular bank, Huntington. Amirite?

P.S. I haven't seen Huntington in the news, so I assume they're not leeching.

P.S.S. I may send Wells Fargo a nastygram anyway. My opening line will be, do you have my mortgage note?

I learned this week that 'Unbank' depends upon Wells Fargo for its line of credit.

These banks set up lines of credit for collapsible entities that sold thru all the mortgages -- leaving creditors holding the bag and a mess of bad mortgages. Unbank isn't going anywhere though, it still has a lot of people to suck dry around here.
--
Hongpong.com

But when they're the only one left with any money...

Reminds me a joke a friend once told me. He raised turkeys for Plantation Farms. Plantation enticed growers to invest in bigger, more modern houses and gave them contracts for a number of years--guaranteeing they'd have birds to raise to cover the investment into the houses.

Cargill bought Plantation's operation and then cancelled the grower contracts. All of them in this area.

So my friend was left with houses he couldn't use and a loan at the bank with no way to make the notes.

He decided to boycott Cargill products. He could't buy any feed for his cows because Cargill sells feeds grain to all the brands available in the state.

He couldn't bale his hay because Cargill owns the company that makes the wire.

Then he found out that Cargill also made parts on his tractor and his pickup truck.

So he decided to go to the house and get drunk. He picked up a bottle of beer...

Made by Cargill.

I did inhale.