BANKS why are they so greedy? BANKERS, why are a lot of them greedy jerks?

Question

NOTICE if your putting money in the bank say from a CHECK it could be made out to SANTA CLAUS and WHAM! it clears just fine hahaha. Notice if you want CASH for a check OMG! we need your thumb print toe print mothers maiden name. I THINK BANKS are terrible these days tricking consumers and they are GREEDY. Bank Of America has more NET INCOME than Wal-Mart and all they do is hold money. OPINIONS? WHAT CAN BE DONE ABOUT BANKS? I think the government need to PROTECT THE AVERAGE CONSUMER MORE

Answer 1

I kinda of agreed with you to some degree. Banks are getting to powerful. Also, you got to realize that the Patriot Act that Bush signed has impacted bank procedures these days. Banks have to be accountable to their depositers and investors. That is why they want to make money. Banks make most of their money in the loan department not on consumer fees. If you do not like the Bank of America then shop around. They are plenty of banks out there. Go to a small bank.

Answer 2

BofA does more than hold money. But, if you don't like the practices a particular bank, then there are often other choices. And, if people were unwilling to pay the fees and such, then the rates would drop to attract business.

As always, buyer beware.

Answer 3

I see so many complaints about Bank of America. They are a very large company so of course, there are going to be more complaints.

But I've dealt with BOA for years and have never had any problem. I've cashed checks with only my driver's license, never a fingerprint or any question.

On the contrary, they have been very polite and friendly and have gone out of their way to assist me and I've never paid any fees.

Answer 4

money #1 in their lives.yay 2points!

Answer 5

so how were you "tricked"?