Sunday, November 22, 2015

BOA

Hi all,

Get ready for a rant.  Bank of America is the root of (most) evil.  Do you remember the poor tax in monopoly?  Well, BOA did the following:
a) Got bailed out by our government.  You know, the same government that can't seem to properly fund education.
b) Charged me $500 in fees while I waited for a home improvement loan.  I would literally have been better off taking a cash advance on a credit card.
c) Has, thus far, refused to make any restitution, despite the fact that there are connected accounts with thousands of dollars in them and I have overdraft protection.

I'm changing banks, for several reasons.

1) Nutmeg State Financial Credit Union has a 5% checking account.
2) They don't have ridiculous fees
3) They didn't need a bailout because they lived responsibly while BOA was making bad loans.
4) They seem to actually care about their members.  Shocking, I know.