tessa, chrissy, and all my other awesome wells fargonians...which account setup do you have? basic checking, college combo, management package, advantage package, or PMA package? pretty sure i'll end up with the management package, which is just a fancy name for checking and savings.
I currently have WaMu/Chase. I opened my account at a small, local, Savings Bank (with only 5 branch locations--Hawthorne Savings). A few years back, they got merged into Commercial Capital, which then got bought by WaMu. Things have gotten worse with each merger/acquisition. I looked for another bank to change to when WaMu bought out Commercial Capital, but at that point I found all the other smaller banks had already been gobbled up, or were about to. And, looking at the account details at the major banks, I didn't see much difference between them. Has that changed? Is Wells Fargo really better?
It's weird, I was remembering the other banks that used to exist in this area, and the only ones that are still around from about 30 years ago are Wells Fargo, Bank of America and Union Bank.
I know I really don't like Chase after what they tried to get away with regarding my credit cards there. They are really sneaky. I "opted out" of them increasing my interest rate from 8.99% to 24.99%, and closed the account. They raised the interest rate anyway, it took several calls and months of incorrect billing till they fixed it. Recently they sent out another letter saying they were changing the terms unless I opt out again. WTF?
I know this shows I am old, but I remember when a bank would call you if you had an overdraft and you'd have the chance to go in and deposit funds to cover the checks. And, bounced check charges were only $3! But, there were no "free" accounts then either, you had to pay monthly charges and pay for checks.
Considering my financial status lately, I might just go with "Home Savings." No bank fees, overdraft charges, nor statements to deal with. I just haven't figured out how to produce a debit card in my likeness so I wouldn't have to carry my cash.