On Sat, 01 Oct 2011 16:29:49 -0700, SMS wrote:

On 9/30/2011 9:41 PM, zzzzzzzzzz wrote:
On Fri, 30 Sep 2011 21:18:59 -0400, wrote:

On Fri, 30 Sep 2011 17:44:45 -0700,
wrote:

On 9/30/2011 4:29 PM, zzzzzzzzzz wrote:

Why haven't you already? BoA has always sucked.

I can't escape. They keep buying banks I do business with.

I had a mortgage and a CD with Countrywide and BOA took them over. At
the time, Countrywide had a 2% rebate credit card if you deposited the
rewards into a Countrywide CD. Of course BOA ended that 2% program.

Because they now own your mortgage doesn't mean you have to bank with them.

I have never banked with them.

Well, that's sorta what the thread is about.

By all reports they suck as a mortgage bank, too, but you didn't make that
choice.

They are a very annoying mortgage bank. They did not send me a 1098 or
1099 this year, which I didn't realize until a few hours before I was
taking by tax stuff to the accountant. I wouldn't have even needed those
if they had simply printed on the monthly statement the amount of
interest paid in the past year and the interest accrued from the impound
escrow account (for another mortgage on a rental property from
Citimortgage, they include YTD interest on each statement.

That's not the worst. I had a mortgage company (who bought my mortgage for a
really good company) that would "forget" that they deposited our payment.

*Ring* *Ring*
Mortgage company: "Hello, XYZ mortgage"
Wife: "We have been charged a late fee (again)"
MC: "The mortgage is due on the first and late on the 15th of the month."
MC: "If it's late there is a $35 fee." (this was 20 years ago)
Wife: "It was paid on the 8th."
MC: "The mail is sometimes slow. It has to be in our system by the 15th."
Wife: "It was."
MC: "How do you know?"
Wife: "BECAUSE IT CLEARED OUR *&$%&# BANK ON THE 8th."
MC: "How do you know that?"
Wife: "I work for the bank and have our account pulled up on the screen in
front of me, moron."
MC: "We'll refund the late charge this time.
Wife: "You're *$&@*#$ right you will.

repeat every six months

You can always change CCCs.

Already done.

The only good thing about the BOA Visa card is that it gets you into a
bunch of museums for freehttp://museums.bankofamerica.com/ so I will
keep the new card and use it once in a while so they don't close the
account.

That is interesting.

Yeah, there are a lot of museums near us that it will work at.

Where abouts?

What's wrong with a CU?

I recall that a while back when I was using a CU for most stuff there
was some reason I needed to keep an account at a bank open, but I can't
recall the reason anymore.

A *long* time ago, CUs weren't allowed to clear checks through the system.
They got around it by affiliating with a bank and issuing "drafts". Same
thing, usually. That changed at least 20 years ago, though. CUs also can't
do commercial accounts, so there are some differences but for most, CUs are
the way to go.