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10 worst US banks

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NoMoreE46
Community Leader
Senior Contributor

10 worst US banks

This Penny Hoarder article is from April.  

 

To rank banks, we started with the total number of each financial institution’s customer complaints, then sorted to account for complaints per $1 billion deposited. These metrics are public data available from the Federal Deposit Insurance Corp. (FDIC) and through the Consumer Financial Protection Bureau (CFBP) database.

 

 

 

The 10 Worst Banks in America According to Their Customers

 

 

Message 1 of 6
5 REPLIES 5
FicoMike0
Valued Contributor

Re: 10 worst US banks

That's interesting! I have accounts with wells and capone, closed accounts with 5 3 and citizens this year. Glad to see amex not on the list. No credit unions either.

Message 2 of 6
Gunnerboy
Established Contributor

Re: 10 worst US banks

I've only had dealings with Citi & BoA.

 

Citi - Only one phone conversation regarding my Costco Visa back when I first opened it. An unremarkable call. Not bad.

BoA - Elderly mom has her savings there (where I have POA) so I grudgingly opened a savings, creating a joint account to better manage her funds. Most phone inquiries are a struggle to get answers. Always had to speak to a manager at the local branch.

 

AMEX, NFCU, and BECU each seem to treat me like they're repaying me for my years of loyalty.



"Not everyone who helps you is a friend, and not everyone who challenges you is an enemy."
Message 3 of 6
Varsity_Lu
Established Contributor

Re: 10 worst US banks


@FicoMike0 wrote:

No credit unions either.


Well, the list is worst BANKS.  Just sayin'. Smiley LOL

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Message 4 of 6
Varsity_Lu
Established Contributor

Re: 10 worst US banks

With Capital One, I'd like to see the breakdown of actual bank account complaints vs. credit card complaints.  I'd bet the majority are credit card complaints, and of those I'd bet the majority are bucketed account complaints.  I have had Cap One for almost 3 years and have really had a great experience with them.  In my opinion, their app is by far the best out there.  And it's not even close. For the record, I have 2 cards with them as well a 360 checking and several 360 savings accounts with them.

Blue Cash PreferredBlue Cash Everyday (AU)Hilton HonorsSavorQuicksilverVentureOneVoice Rewards + Perks Checking
Mechanics Savings BankHuntington National BankCapital One, N.A.American Express National BankFidelity Investments
FICO® 8: 806 (Eq) · 794 (Ex) · 812 (TU)

Message 5 of 6
AndySoCal
Senior Contributor

Re: 10 worst US banks

@Varsity_Lu @FicoMike0  The is a credit union listed in the link below under the title heading best banks for features and promotions. You will scroll for a while

 

https://www.thepennyhoarder.com/bank-accounts/worst-banks/ 

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