are there any good nation wide banks?

Wells Fargo fined 190 million and fires 5,000 employees over a massive fraud case. Look it up on you tube. There should be a lot of people being prosecuted for this, but you can guess how many will be. Zippo.

Quote:

Originally Posted by milwaukeeshaker

Wells Fargo fined 190 million and fires 5,000 employees over a massive fraud case. Look it up on you tube. There should be a lot of people being prosecuted for this, but you can guess how many will be. Zippo.

The executive who came up with the scheme that caused all of this just got a golden parachute of almost as much as the fine.

Quote:

Originally Posted by Jer

I agree and most banks play by the same rules. WF however bends those rules to purposefully get you in hot water if you are like most Americans who don't have tens of thousands of dollars just sitting in your checking account. Posting debits before credits on the same day's business is just dirty and not a practice that USBank, Chase or any of the others for that matter practice. For most, this will never be an issue but it's a ticking time bomb that could bite you at some point and don't be surprised when you get no assistance from their customer service. FWIW, my wife isn't the sort to live beyond her means, spend carelessly or not know what is in her account to the penny. I wouldn't be married to her if she was. We're both pretty good with money like that.

I disagree on Chase not doing the debit before credit thing.

I opened a Chase checking account when I moved to CO 8yrs ago, and had it for maybe 3 years.
I bought breakfast on the way to work on payday (direct deposit). If it were not for my paycheck, this would have overdraft me by $1.17. Figuring my paycheck was in there, I was good (paycheck showed pending ~4hrs prior, hitting bank at around 2am).

Chase hit me with a overdraft charge of over $30 because they debited the breakfast before applying the deposit. Closed the account the following Monday.

I agree that this is due to my complancancy, getting too close to the bottom, but it is still a ridiculous practice.

USAA, on the other hand, charged me like $2 when Geico decided to bounce a ~$4500 check off of my savings account. (They thought it was a duplicare check and cancelled payment). I'm OK with that.