Bank Fees Rant

[GeoFisher]

I opened another account here in Lex at another CU at the 6.99% Visa rate. I'm keeping my account at the old place with no balance on the Visa but I'm going to send $5 a year to them to show a transaction so I don't suffer inactivity fees. It will cost them more to keep me now and I won't let them make much off my savings. I have less than $200 in that account.....bozo's

I'm sorry.......and I know you're PISSED, but that is part of the problem. Servicing an account, with 200 bucks in it.....COSTS them money....

Later,

Geo

[Bobby Headrick]

If the banks ceo's and prez's and higher up's did not make humungous salarys and bonuses' maybe they could cut back on the fee's some. YEs they need some fee's but they should be reg or somethung so they cannot charge you more than the service is worth, banks make money off every cent that enters the bank. But like you said Geo they have us by the you know.

[DJD]

I'm sorry.......and I know you're PISSED, but that is part of the problem. Servicing an account, with 200 bucks in it.....COSTS them money....

Later,

Geo

Yeah I was pissed but I feel better now.

With the number of years I had an active account (with good money in there) and the amount of car, motorcycle and truck loans I have had with them plus no sweat on the credit score....I'm not the problem. I'm one of the people who have payed like a good citizen and contributed to the system. Not much difference in the two credit unions with benefits so I feel like one did a better job to keep their rates low.

The problem is bad management of their resources, bad decisions on subprime loans and greed.

I'm tired of getting lumped in with the guy who skirted by or abused the system so this is the only way I get my satisfaction . They can close their doors for all I care....to me what I did was smart business with a little twist of sweet revenge for trying to take advantage of me.

[Tyme2fish]

I may just open a savings account with this bank. Let's see, I'll open it with $2.50 and make a deposit say every four months of $0.50. I'll have to use the live cashier at the bank to handle my $0.50 deposits.

The cost to the bank for mailing my statements and computer time for maintaing the new savings account should come to $6.00 in no time!!!!!

[DJD]

I may just open a savings account with this bank. Let's see, I'll open it with $2.50 and make a deposit say every four months of $0.50. I'll have to use the live cashier at the bank to handle my $0.50 deposits.

The cost to the bank for mailing my statements and computer time for maintaing the new savings account should come to $6.00 in no time!!!!!

Don't forget to ask for a receipt.