Get Active,
Stay Local.
USUncut.org
Give your banking business to community banks or credit unions that participate in the Co-Op Network (even at 7-11's)
instead of the mega monopoly banks, who like Chase, will soon follow suit charging non-customers $5 for withdrawals from a Chase ATM, in addition to fees that their own financial institution will charge.
Want Cash from an ATM? Pay a $5 Fee
Seriously, people who continue to support this type of price gouging have only themselves to blame, and deserve what they get.
There is no valid excuse anymore to not take action, Just Do It!
We have closed all but one mega bank account, which is our mortgage through Chase, but with caveat.
It is the Union Plus program, sponsored via the AFL-CIO, with many protections, including loss of wage, loss of job, mortgage loans are retained by Chase, (not sold) and many other benefits.
Our 2 primary cards are both CU Visa's managed locally, 1 each for my wife and I, and I still keep an empty Home Depot $500 account for the now-rarer 1yr same as cash promos, or emergencies. (If my CU had a SAC HELOC (and I had some equity
) I would dump the Citi/Home Depot card pronto, but ney.
I can go into our local credit union and sit down with the branch manager at virtually a moment's notice any day of the work week and discuss financial needs, with his determination weighing heavily in the ALL local decision process, or even just to drop in, BS, and hear his insight(s) on the Board member's opinion of the investing landscape.
I encourage those in the big bank loop to break free and try the small scale, personal service that is offered to nearly all federal employees through credit unions, and assist your children in doing the same, I, for one, and very glad to have done it.
Ex BofA
Ex WaMu
Ex Chase Bank
Ex Wells Fargo