M.S. asks from Cardington, OH on January 18, 2011
Need a New Bank!
ARGH!! We have been with Usbank for many years. While we don't agree with the ATM fees and such, for the most part, we have been happy.
Recently, we have had the bank make several mistakes with our accounts. Now, I realize that this has mostly to do with the local branch and they are willing to correct their mistakes. But, we are finding more reasons to switch. Now, they are charging us $10 every time they move money from our OVERDRAFT PROTECTION into the account it is associated with! That's what it's there for!! We have overdraft protection so that if we go over, we have money to cover it. Now, they are charging us 10 bucks a pop for it. Absolutely ridiculous . We would love to say that we manage our accounts to the dime and never have to transfer money, but that's sooo not reality. It can be as little as $1.50 over, and we will be charged $10. SO, I am wondering what bank chains you all use and if you like where you bank. Do you have ATM fees, are you charged for overdraft protection, or any other perks or problems you can mention? My husband wants to switch, but has been so busy, he hasn't had a chance to research other banks. We have most of the big chains near us, so any feedback from Chase, Huntington, Bank of America, etc would be greatly appreciated.
T.F. answers from Eugene on January 18, 2011
I don't use Banks - I actually use a Credit Union. I have been so much happier with them than a Bank. I don't think you would have it there - I'm on the West Coast. My bank is call NorthWest Community Credit Union. The nice thing about Credit Unions even if you are in another state and there isn't the same credit union - go to an ATM to pull out cash as long as it has a certain logo on it - there are no fees. Plus I can go to any 7-11 without any penalties and use their ATM machines.
R.K. answers from Boston on January 18, 2011
Stay away from bank of America!
2 moms found this helpful
M.D. answers from Washington DC on January 18, 2011
We bank with USAA. They are amazing, helpfuly, always give fees back if you can explain why something didnt go through, etc. I have only ever spoken to ONE rude person in almost 28 years with them. So that's saying something. We do not have a local branch, so we have a local bank for cashing checks and such, but do all of our banking with USAA.
K.F. answers from New York on January 18, 2011
We use the following banks in no particular order:
Bank of America
A local bank
We are very happy with all our banks. Understand that banking regulations have changed so you really do need to shop around for the best bank for you. I make it a point to only use my bank for ATM withdrawls to avoid those fees. I hope this helps.
C.P. answers from Cincinnati on January 18, 2011
Hi : )
We switched from fifth third to Huntington nine years ago. We have been very happy with them ever since. I don't use an ATM very often and try to stop at the bank when I do, so I am not aware of charges. Our bank doesn't charge me when I stop there.
They also just started this wonderful 24 hour grace period for overdrafts. We have 24 hours from the time we overdraw the account to get the money back in there, and then we are charged NOTHING.
I try very hard not to overdraw the account but my husband works a lot and I am busy with four kids, and things DO get overlooked so I really appreciate the new grace period. In the past they were always pretty understanding about the fees and if we would call them , they would almost always take them off for us. They have wonderful customer service.
Hope this helps, good luck!
S.H. answers from Huntsville on January 18, 2011
We use Redstone Federal Credit Union (only in Alabama area). I would look at your local Credit Unions. Ours charges $3 to transfer money for overdraft protection. This hurt when there was only a penny available (interest on my minimum $5 balance..lol) AND then that wasn't enough so they charged for insufficient funds! haha So now I keep more money in that savings account... oops :)
We also recently started using USAA. We've had our car insurance through them, and my husband got a checking account with them before he deployed a few months ago. I just opened my checking account with them a few days ago.
And I also have an ING Direct account. Savings & checking. I use it for saving, but if I transfer $$ from savings to the checking, I can immediately withdraw it with my debit card. No ATM fees if you go to specific ATMs on their list.
B.R. answers from Columbus on January 19, 2011
I'd highly recommend a credit union. You'll have to research the ones in your area and find one that you can join. They are soooooo much better than banks!! They usually have low or no fees.
R.P. answers from Cleveland on January 19, 2011
my boyfriends family went from us bank to lorain national. there is not one in strongsville or columbia station but there are some in elyria north ridgevilel lorain avon avonlake westlake
M.M. answers from Chicago on January 18, 2011
We use HSBC and Citibank. They are the world leading banking institutions. I do not recall paying a fee for any service for all the years we've been with them. We do have a lot of rewards and checks are free.