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Why I'm Closing My Bank Accounts While I Still Can

By SHAH GILANI, Capital Wave Strategist, Money Morning • @WallStreet_II • November 30, 2015

Not long ago I walked into a local branch of my bank – the 13th largest bank in the United States based on consolidated banking assets, according to the Federal Deposit Insurance Corporation's (FDIC) second-quarter 2015 data.

I wanted to cash a check for a few thousand dollars. It was a business check made out to cash; it was my business account and there was plenty of money in it.

What happened next was, frankly, frightening. And it has profound implications for every American.

http://moneymorning.com/2015/11/30/why-im-closing-my-bank-accounts-while-i-still-can/?gateType=hostage&crType=pop_OEI_STI_WSII_TW_PPT_SMI