+1. Over two weeks now of extremely limited access to funds, essentially no services, and infrequent non-detailed updates with no ETA. I don’t consider any of that situation “prompt” by any means.Patelco.OP is operating under the premise that it is stressful if your regional bank fails. I don't accept that premise. The absolute worst case of bank failure is you promptly get your money back and suffer some reinvestment risk. As long as I am within FDIC limits I choose my bank based on convenience and product offerings.Our household firmly believes there are advantages to using the Big 3 banks over regional banks when it comes to banking services. While regional banks do offer a tad more in interest in savings and CD's it can be stressful when a regional banks fail leaving parties in a lurch until FDIC performs their magic.
--vtMaps
Statistics: Posted by 8foot7 — Sun Jul 14, 2024 10:25 am — Replies 16 — Views 1456