kib
6-23-11, 12:59pm
I have kept a small balance at BOA, which has a branch in walking distance of my house (and is really the only conveniently located bank to me), for 12 years. It was always a free checking account if you had direct deposit. DH has one too, that he uses for his personal expenses. Now they've announced that unless I keep $5,000 in each account (at basically 0% interest), this is going to cost me $6 a month. So either I lose $100 or so in interest or I pay $144 a year in fees. >:(
I feel like it's so useful to have a local bank where I can deposit checks, even large ones, and have cash immediately available for transfer or withdrawal. DH doesn't really do banking and appreciates the simplicity and convenience of this local bank. I get a rent check once a month and sporadic other checks. And all our other online banking links to these accounts.
Has anyone gone entirely brick-free and liked it? Has anyone bitten the bullet and given in to the demands of Bank of Avarice? What a pain in the butt. This has been hands down the most expensive year of my life.
ETA: there is a Chase Bank in the town I drive to once a week or so, that appears to be offering the deal BOA used to offer, plus a cash bonus. Anyone have thoughts on Chase? We really don't seem to have any "local" banks in the area, that I can tell, they're all big chains.
ETA: there is a national bank of arizona reasonably close by, as well as two credit unions that don't appear to even have websites. Sigh. thots, thots, thots???
ETA: DH is a government employee, not military though. Does anyone know of any better banking deals for govies?
I feel like it's so useful to have a local bank where I can deposit checks, even large ones, and have cash immediately available for transfer or withdrawal. DH doesn't really do banking and appreciates the simplicity and convenience of this local bank. I get a rent check once a month and sporadic other checks. And all our other online banking links to these accounts.
Has anyone gone entirely brick-free and liked it? Has anyone bitten the bullet and given in to the demands of Bank of Avarice? What a pain in the butt. This has been hands down the most expensive year of my life.
ETA: there is a Chase Bank in the town I drive to once a week or so, that appears to be offering the deal BOA used to offer, plus a cash bonus. Anyone have thoughts on Chase? We really don't seem to have any "local" banks in the area, that I can tell, they're all big chains.
ETA: there is a national bank of arizona reasonably close by, as well as two credit unions that don't appear to even have websites. Sigh. thots, thots, thots???
ETA: DH is a government employee, not military though. Does anyone know of any better banking deals for govies?