Banks are greedy little troll's BofA will most likely be bankrupt in a few short years. Reasoning: I once upon a time kept money in banks because my parents told me to open a savings account and I would be making money with my money though interest, well I did it and after years of saving I noticed that the interest they where paying was crap! Then one day someone shined a light in my eye's, I was buying a car and the bank (BofA) was to be the lender, when I seen the interest rate that they where going to charge me (one of there customers at the time) I gasped for air It was so high, they were paying me about 1% on my savings but wanted 14% so I started to back out of the deal. The salesman went into panic mode trying everything to get me to close the deal, he nearly begged me to go to a certain credit union to apply for the loan. I told him I didn't think I could because of not being an employee of that airplane manufacturer, he said if I had any relatives working there then they would accept me. So I stopped by to check it out and they said to apply for a loan with them I must first have an account and then asked if me or any of my family had an account? I gave them my uncle's name and they let me open an account, they gave me the loan at 7.5%, they asked if I would like a credit card, the interest rate on that is 8.9% the one I had at BofA was 16% I cancelled it! Then I seen a sign in the lobby saying they where paying 5.9% on checking and savings up to $500 and a higher rate then banks on the rest. They gave me and my uncle $25 for me joining and using his name.
I could go on and on but by now you should get the point! BANKS SUCK!!!! GET OUT WHILE YOU CAN!!!
