Why you should NEVER do business with Chase Bank

[TwoShoots]

Arizona girl, 10, sells prize chicks for $2,100 — but then Chase froze her check, closed the account. Here’s why

The family is calling fowl.

currently.att.yahoo.com

For this and many other reasons I only bank at local banks, and have cash in the safe to cover myself if even those guys get squirrelly.

 

[CHenry]

Go to a credit union. They're owed by the depositors - not corporations.

Yep, I been a member of OK Credit Union for almost 40 years. Used to be called OK Emploees CU but they recently got big enough to open up to non state employees.

 

[rickm]

I was a member of a CU for 50 yrs that i joined back when i was working for a grocery retail and had a very small saving in it but for the last 29yrs i only made 1 cent a yr on it so i finally closed the account this year, but like stated above i deal with small local banks and keep enough cash on hand to get by on for several months if needed.

 

[gerhard1]

Why didn't he just call the bank and verify???

I don't talk on the phone due to being functionally deaf. Don't know for certain, but maybe that's what happened here.

 

[bushmaster06]

Well, Chase Bank is rated one of the worst banks, year after year. Along with Wachovia and Wells Fargo.

I have my own personal beef with Chase.

Umm, Wachovia hasn't been a thing since 2008.

 

[mtnboomr]

For this and many other reasons I only bank at local banks, and have cash in the safe to cover myself if even those guys get squirrelly.

Be very careful and watch everything your bank does. I, too, used to only go with small, local banks, until corporate banks started buying them up. Many of the small, local banks are not actually locally owned anymore.