I been with a credit union since I left banking. The only reason I banked with them was because the account was free.
Since my CU is a member of the Fed I can move money back and forth between my brokerage bank account. Who needs a bank anymore.
There is money to be made on the retail side but an incentive like that was designed for fraud. And C has always led on the retail side.
BAC is the last of the big boys to dig themselves out of the ditch they dug. I first played C when they were at a buck. Their R/S at 10-1 was a joke. It's still trading under the split price.
We'll see what BAC's earning are.
As Thoreau wrote, “The question is not what you look at, but what you see.”
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