From David Ellis at CNNMoney: Take this bank and shove it
When Abel Collins decided to end his three-year banking relationship with Bank of America earlier this year, he simply wanted to make a statement.
"I basically figured if Congress wasn't going to take action to reduce the size of banks or at least regulate the activities they were involved in, I'd remove my part of the money they [Bank of America] controlled." Collins said.
Big banks are nickel-and-diming customers in tough economic times.
"When I was closing my accounts, [Bank of America] would call me with a survey to see if it was the fault of any of their customer service people or tellers or bank managers," he wrote. "They never asked if it was the additional fees they were charging."
"Wells Fargo just laughed and the banker said he would probably do the same!"
Many consumers are choosing to do their banking with credit unions these days. Who can blame them. With banks socking to the consumer with fees and using tax money to bail them out, who could blame them. One consumer wrote "I'm very happy. It is like the banker in the movie 'It's a Wonderful Life'. It really is that way."
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