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I work for WAMU and now a part of CHASE, and I really love it here and banking here. The accounts they offer are great. Especially if you want free checking accounts or don't want to pay to talk to them.
Also to the earlier posts.....for when I looked for a bank I looked for convienence and service. BofA is everywhere Chase is everywhere in NY..Wachovia's are cool but not as convienent as Chase or BofA. You cant get convienence with smaller banks. I used to have an account with Bank of NY and hated that the ATMs and branches were few and far in between. Actually the only reason I had it was because I worked there. When they became Chase and I still lived in NY......no one was happier than me. Commerce is very very cool but like someone said they are picky. But my pick is either chase or BofA I never had a problem with either.
I've had an account with Amalgamated for years; my checking has always been free. (They finally opened a branch in Brooklyn--not anywhere near where I live, but in Brooklyn!)
The great thing about banking in New York is that there are more of 'em than you can shake a stick at. If you don't like the services at one, take your business elsewhere (most people call changing banks "a hassle." That's just being lazy; why should you put up with a service you don't like?). I've had my money in more banks than I have fingers to count them on. Amalgamated has been the best, and that's why I've stayed with them.
TD is from Toronto. They will keep the long open hours, penny arcade and treats for kids & dogs. All the branches will look completely different (green & white).
Does anyone know if this is good, bad or doesn't matter?
My online banking with Commerce already looks different.
I've had an account with Amalgamated for years; my checking has always been free. (They finally opened a branch in Brooklyn--not anywhere near where I live, but in Brooklyn!)
The great thing about banking in New York is that there are more of 'em than you can shake a stick at. If you don't like the services at one, take your business elsewhere (most people call changing banks "a hassle." That's just being lazy; why should you put up with a service you don't like?). I've had my money in more banks than I have fingers to count them on. Amalgamated has been the best, and that's why I've stayed with them.
My Amalgamated Bank Checking Account is Free too. I will probably stay with them forever. They are absolute best with customer service hands down. They far surpass anything I've seen And they just got a new branch in the Bronx too.
I loved Wachovia, but their international fees starting going up WAY, high, when outside the U.S. the ATM fee went up from $2 up to $4 per transaction
Amalgamated is Rare in that it costs the SAME for ATM withdrawal outside the U.S. as Inside. They only charge 75 cents outside the country. Thats as cheap as I've ever found. And international transaction price is VERY important to me. And Fees are kept to a minimal and are very low, In fact, Ive never been charged a fee for anything other than ATM usage. (And I have been with them for many years now, before I closed my Wachovia Acct.) They also have balance protection, (which I haven't needed yet)
I use an online bank for savings, ING direct, and have a Chase checking account. I like this arrangement as I earn interest on my savings (not so much these days, but better than a checking account, which is usually a joke), it is easy to transfer money (though it does take a couple of business days), and there are Chase ATMs everywhere, so I almost never have to pay a fee.
I use an online bank for savings, ING direct, and have a Chase checking account. I like this arrangement as I earn interest on my savings (not so much these days, but better than a checking account, which is usually a joke), it is easy to transfer money (though it does take a couple of business days), and there are Chase ATMs everywhere, so I almost never have to pay a fee.
I've seen the Ads for ING. Seems tempting. Anyone know how these "online" banks work? DO they fall under the same FDIC Insurance and regular banking rules? Are they safe? Hows the customer service. I just seem nervous about banking with a website. Then again, I used to fear online shopping. (And then there was Amazon )
I've seen the Ads for ING. Seems tempting. Anyone know how these "online" banks work? DO they fall under the same FDIC Insurance and regular banking rules? Are they safe? Hows the customer service. I just seem nervous about banking with a website. Then again, I used to fear online shopping. (And then there was Amazon )
Online savings accounts at banks do fall uner the umbrella of FDIC insurance. They cost the banks less to maintain as there's minimal paper transactions involved, thus the term online. Consequently, the banks are in a position to offer a higher interest rate than on regular savings accounts..
And with the interest earned, one can possibly buy another winter coat or stock up on some food items for the impending economic downturn.
Online savings accounts at banks do fall uner the umbrella of FDIC insurance. They cost the banks less to maintain as there's minimal paper transactions involved, thus the term online. Consequently, the banks are in a position to offer a higher interest rate than on regular savings accounts..
And with the interest earned, one can possibly buy another winter coat or stock up on some food items for the impending economic downturn.
Maybe I'll give it a try.
But then I also worry, with all this "online" stuff, am I helping computers take away normal peoples jobs? What about people who work at the paper mills in Georgia. Is online banking a positive position from a Labor standpoint? But then the trees will thank me, Right?.... Reminds me of that whole "Paper or Plastic" conundrum.
Will going with an online bank, lead to the loss of jobs at a traditional bank, thereby putting them on unemployment, shrinking further the taxbase, causing the government to further cut back social programs, and hurting the economy at the same time? ...Thereby hurting me more with cut social services that will never amount to the gains I receive in increased interest from online savings?
*Sigh* Headache, too complicated. I'm just going to go sit, breathe, and east some Oatmeal Macaroon Cookies.
(I just hate philosophy... Its too early for this)
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Commerce Bank is now TD Bank
