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View Full Version : Why I closed my BoA business checking account today




the biss
02-02-2009, 03:03 PM
Simply put: $10 million spent on a Super Bowl party.

I told them I didn't want to do business with them anymore. I felt that having an account with their bank was akin to sleeping with the enemy. I couldn't stand by and watch them spend $10,000,000.00 on a week long Super Bowl party after receiving $45 billion in taxpayer bailout money.

I reminded her that this was not a personal attack against her, but that her bosses in Charlotte need to pull their heads out of their posteriors; American people are tired of being raked across the coals, especially since 90% or more of the people I talk to were opposed to the Bank Bailout in the first place.

They also asked what I would be doing for an account in the interim. I responded that I was going to put my money into a local credit union. The gal looked like I beat her with a stick. Once again, I told her that it wasn't an attack against her, but that in our greed driven economy, money talks. This was the best way for me to share with their corporation how I felt.

Epic
02-02-2009, 03:13 PM
Simply put: $10 million spent on a Super Bowl party.

I told them I didn't want to do business with them anymore. I felt that having an account with their bank was akin to sleeping with the enemy. I couldn't stand by and watch them spend $10,000,000.00 on a week long Super Bowl party after receiving $45 billion in taxpayer bailout money.

I reminded her that this was not a personal attack against her, but that her bosses in Charlotte need to pull their heads out of their posteriors; American people are tired of being raked across the coals, especially since 90% or more of the people I talk to were opposed to the Bank Bailout in the first place.

They also asked what I would be doing for an account in the interim. I responded that I was going to put my money into a local credit union. The gal looked like I beat her with a stick. Once again, I told her that it wasn't an attack against her, but that in our greed driven economy, money talks. This was the best way for me to share with their corporation how I felt.

Very nice.

JamesButabi
02-02-2009, 03:15 PM
Haha I did the same thing recently. Took my money market accounts from them and put it into the local credit union. Unfortunetely one of the women there is the sweetest little thing ever. The only ounce of remorse I felt.

heavenlyboy34
02-02-2009, 03:23 PM
Simply put: $10 million spent on a Super Bowl party.

I told them I didn't want to do business with them anymore. I felt that having an account with their bank was akin to sleeping with the enemy. I couldn't stand by and watch them spend $10,000,000.00 on a week long Super Bowl party after receiving $45 billion in taxpayer bailout money.

I reminded her that this was not a personal attack against her, but that her bosses in Charlotte need to pull their heads out of their posteriors; American people are tired of being raked across the coals, especially since 90% or more of the people I talk to were opposed to the Bank Bailout in the first place.

They also asked what I would be doing for an account in the interim. I responded that I was going to put my money into a local credit union. The gal looked like I beat her with a stick. Once again, I told her that it wasn't an attack against her, but that in our greed driven economy, money talks. This was the best way for me to share with their corporation how I felt.

As a former BoA customer (for similar reasons), thank you. I didn't have time to give the teller that message. :)

axiomata
02-02-2009, 04:37 PM
Good for you. They got hit hard in the market as well. Lost nearly 9% on the highest volume of the day (even bigger than the spiders).

sevin
02-02-2009, 05:56 PM
credit unions are the way to go. I'm doing the same.

the biss
02-02-2009, 10:36 PM
I just wrote an email to ken.d.lewis@bankofamerica.com (CEO of BoA)... basically a copy and post of what I wrote above.

decatren
02-02-2009, 10:41 PM
i closed my savings with chase, only keep minimal amount for checking.