[E. Pluribus Unum]

Walmart attempted to become its own bank in order to alleviate fees to Citi, which does nothing to earn them.

Citi makes more on some products than Walmart does.

Citi did not want to lose its gravy train, so it demagogued Walmart's application and got it rejected.

So Walmart did an end-around.

I don't blame them.

[cowtowney]

good post. I agree

[ken21]

citi just sent me a letter saying that it is going to charge $20.00 per month for the account.

problem is, it was a calfed free account when citi bought calfed. the state approved the sale as long as the free accounts remained free.