@SoCalGardener wrote:
@Crowhelm wrote:BOFA is horrible, had a very bad experience, and know 12 other people with bad experiences. Wells Fargo has nothing worthwhile to get from so why even mention them? Plus their scandal a few years back, yeah I would stay clear. Elan I have no idea, I like Elan Musk but that probably has little to do with it.
I doubt Elon Musk has anything to do with Elan bank--considering they're spelled differently.
As for BofA being horrible--perhaps for you, and those 12 other people you know about, but not for me, or millions of others. As I've said, in my 31 years of experience with BofA, they've been nothing but exceptional in every way. Like everything in life, YMMV--or the OP's.
Well, I do believe it has a lot to do with your local branch. So obviously you got a good one. So maybe base it on that. I just think more people should embrace credit unions instead of filling stock holders pockets with banks. There is a reason banks can't come close to interest rates credit unions offer, especially with credit cards. And AOD has all the big boys beat with their great 3% on everything card with an unheard of 7.49% interest rate. Not all credit unions, yes I know. Small banks can be great as well, got our 2.5% mortgage with a small local bank. Just shop around, there is zero advantage to put all your eggs in one basket just because that is what your parents did. Let them work for your business.
@Crowhelm wrote:
@SoCalGardener wrote:
@Crowhelm wrote:BOFA is horrible, had a very bad experience, and know 12 other people with bad experiences. Wells Fargo has nothing worthwhile to get from so why even mention them? Plus their scandal a few years back, yeah I would stay clear. Elan I have no idea, I like Elan Musk but that probably has little to do with it.
I doubt Elon Musk has anything to do with Elan bank--considering they're spelled differently.
As for BofA being horrible--perhaps for you, and those 12 other people you know about, but not for me, or millions of others. As I've said, in my 31 years of experience with BofA, they've been nothing but exceptional in every way. Like everything in life, YMMV--or the OP's.
Well, I do believe it has a lot to do with your local branch. So obviously you got a good one. So maybe base it on that. I just think more people should embrace credit unions instead of filling stock holders pockets with banks. There is a reason banks can't come close to interest rates credit unions offer, especially with credit cards. And AOD has all the big boys beat with their great 3% on everything card with an unheard of 7.49% interest rate. Not all credit unions, yes I know. Small banks can be great as well, got our 2.5% mortgage with a small local bank. Just shop around, there is zero advantage to put all your eggs in one basket just because that is what your parents did. Let them work for your business.
Until last summer, I hadn't set foot in the branch where I opened my BofA accounts in THIRTY YEARS! 
I opened it while temporarily living in SoCal (I owned and actually lived in a house in Dallas, but I'm from SoCal and was here temporarily). After that initial visit to open the accounts, I used a branch on Wilshire Blvd in downtown LA all the time (near work), then went back to Dallas and used a branch near my house there. When I moved back home in 2006, I started out going to the BofA branch in Arcadia (where we live(d)) my mom used--and it was awful! I don't mean awful as in a horrible place or horrible treatment--it was just slooooooowwwwww..... It was like its tellers had never heard of doing anything quickly. A task that should take 5 minutes inside would end up taking 45 minutes. It was so bad I decided to try different branches until I found a better one. There was one a little farther from my house, but we gave it a try one day--and that was that. It was as diametrically opposed to the other one as possible. The tellers were on top of their game, they were fast, efficient, courteous; the bankers were helpful and always answered my questions or helped me with various things; I moved my safe deposit box there, too.
Then the pandemic hit. It closed temporarily....
Last summer I was notified that my branch--my wonderful, perfect, exemplary branch--would be closing permanently. I had to make an appointment to go in and close my safe deposit box. Among its contents were US savings bonds I'd bought 20+ years ago, but since the bank wasn't actually open, they couldn't cash them. So I went to the branch in Pasadena where I'd opened my accounts in 1991. Wow....I didn't even recognize it. But, I guess after 30 years, that's not unexpected!
As for credit unions, I used a couple of them over the decades; I had no real complaints with them, but through trial-and-error settled on using BofA exclusively. I remember them having a more personal feel than some bank branches. The main thing I remember about the last CU was its yellow NSF notices that came in the mail. This was before I separated my banking from my husband's. I could *NOT* deal with bounced checks, just couldn't tolerate it, find it inexcusable, and wanted no part of it. FWIW, he wasn't doing anything bad or underhanded--just stupid! Example: he'd be out somewhere, write a check, and in the register he'd jot down the amount--no other information, no date, no check number, just the amount--and put it in the CREDIT column!!!! He just wasn't paying attention. Later, he'd go back and try to fill in the blanks, and balance the checkbook, and--of course--he ADDED instead of subtracted the amounts that were in the credit column....and, well, you can see where that led. *sigh*
We should
@Crowhelm wrote:
@SoCalGardener wrote:
@Crowhelm wrote:BOFA is horrible, had a very bad experience, and know 12 other people with bad experiences. Wells Fargo has nothing worthwhile to get from so why even mention them? Plus their scandal a few years back, yeah I would stay clear. Elan I have no idea, I like Elan Musk but that probably has little to do with it.
I doubt Elon Musk has anything to do with Elan bank--considering they're spelled differently.
As for BofA being horrible--perhaps for you, and those 12 other people you know about, but not for me, or millions of others. As I've said, in my 31 years of experience with BofA, they've been nothing but exceptional in every way. Like everything in life, YMMV--or the OP's.
Well, I do believe it has a lot to do with your local branch. So obviously you got a good one. So maybe base it on that. I just think more people should embrace credit unions instead of filling stock holders pockets with banks. There is a reason banks can't come close to interest rates credit unions offer, especially with credit cards. And AOD has all the big boys beat with their great 3% on everything card with an unheard of 7.49% interest rate. Not all credit unions, yes I know. Small banks can be great as well, got our 2.5% mortgage with a small local bank. Just shop around, there is zero advantage to put all your eggs in one basket just because that is what your parents did. Let them work for your business.
We should all move some funds to AOD. It help them to lend for sure. I need put that on my to do. AOD is the best.
