Wells Fargo: Proudly Plunging Toward Bankruptcy

Townhall.com ^ | June 23, 2016 | Mike Adams

[Flavious_Maximus]

Everyone needs to move their funds to a smaller local bank.

Here in Pennsylvania we have many options, First Niagara Bank, Harleysville Savings Bank and Neffs National Bank are all good ones.

[Elsie]

[Mr. Jeeves]

Everyone needs to move their funds to a smaller local bank.

I tried that a few years ago. Bank of America came along and ate my bank - I had to leave again.

Right now I'm with BBVA Compass Bank. Not too big, but owned by the giant and financially shaky Spanish bank BBVA. No nationwide branch network. Very nice people at the branch. No political agenda evident. Electronic banking seems to be a few steps behind other banks. You can't have everything. :)

[fwdude]

Look for a small, local bank with local values. That’s your best bet to avoid perversion.

[AppyPappy]

I really want to move to a local bank

[thirst4truth]

Wells Fargo has been on my s**t list for some time now. They contributed greatly to the mortgage collapse. They recently lowered their qualifying score for a mortgage to 620!!

They are going down, but it may take some time yet.

[fwdude]

"Everyone needs to move their funds to a smaller local bank."

I tried that a few years ago. Bank of America came along and ate my bank - I had to leave again.

That's why I found a bank with explicitly biblical values - hard to find, but they're out there. They eventually sold/merged, but they were well-rooted in their principles and sold to another bank with the same values.

[Vigilanteman]

They are managed by morons. My Mom had a $9K credit card balance with these knuckle draggers. I called them up to negotiate the INTEREST rate down. She was in assisted living at the time and her health was deteriorating. But she still had enough income to make reasonable payments.

Nothing doing, they told me, after I politely explained her situation. So, I pulled the threat out of the bag: "If you don't cooperate, we may not be able to make any payments at all."

They countered with the threat of cancelling her credit card and messing up her credit rating. "She's 90 years old," I told them, "and I'm her power of attorney and won't even let you talk to her. Do you think I really think it is in her best interests to neglect her other needs to favor an uncooperative p*$$ant creditor? Just try me."

They still wouldn't budge. So guess what happened.

[Bigg Red]

Good news! Now, I hope PayPal follows suit.

[SisterK]

We better redeem our points this week.

[Buckeye McFrog]

Local banks are being eaten alive, being slowly pummeled to death by Federal regulators, until they cry uncle and sell to some gigantic bank.

[SC DOC]

Not stopping Warren Buffett

[Uncle Sam 911]

Good riddance.

[vetvetdoug]

When companies go lefty I have no sympathy for them. However, their bought government representatives will get the Democrat President to bail them out or look the other way if things get bad. Even the IRS will go easy on them if they are allied with the left.

[ELS]

PNC Bank out of Pittsburgh, PA is good.

USAA FSB has an agreement with PNC Bank to provide free ATM services to USAA customers.

[lulu16]

From my husband who I was reading this to:

“When you insert your card this June,...”

Newsflash: In order to express solidarity for the gay community, from now on, everyone using the Wells Fargo ATM will have to insert their card in the rear of the machine.

[Jimmy Valentine]

All of the big banks are deleveraging as fast as they can to cut costs. Less big loans, more fees, personnel cuts and branch closing a. Not a great time to be in the business.

[goodnesswins]

Where did you read that about Buffet and EIC? Want to show it to someone

[hanamizu]

I tried that a few years ago. Bank of America came along and ate my bank - I had to leave again.

---

Opposite happened in my case. BofA branches in SE Missouri were bought out by a regional bank. BofA decided there was no future for them here. But I started with a local bank that got gobbled up by a larger, multiply that 3 or 4 times and I found myself a Bank of America customer. At first I missed the national reach of BofA—a branch near my mom’s in San Diego and stepson in Atlanta. But even small banks can be part of nation-wide no-charge ATMs. See if your small local bank is part of the network.

[RabidBartender]

I just refinanced my home this past week away from Wells Fargo after seeing the TV commercial with the two boyfriends bringing home their adopted baby for the umpteenth time. I’m apparently not their target customer base.