Sister Mother Husband Dog: (Etc.)
“I live on a basically residential street, and within three and a half short blocks of my house are eight banks: two Chase, one Wells Fargo, one Citibank, one HSBC, one Bank of America, one Sovereign, and one Capital One. Go two more blocks and there are ten banks (one more Chase and one more Citibank).
Why are the banks paying only 0.4 percent interest on a savings account if they can afford to open offices on every other block in Greenwich Village?
The other day I was catching up on ba...lancing my account and realized that, for the last six months, I had earned about $4 in interest but had been charged $35 a month for service.
I went to the bank at the corner (the southwest corner). “This is insane,” I said.
The banker explained that I had a service charge because I didn’t maintain a high enough balance.
“At this rate I will have no balance. Besides, what about my CD?MoreLess
Why are the banks paying only 0.4 percent interest on a savings account if they can afford to open offices on every other block in Greenwich Village?
The other day I was catching up on ba...lancing my account and realized that, for the last six months, I had earned about $4 in interest but had been charged $35 a month for service.
I went to the bank at the corner (the southwest corner). “This is insane,” I said.
The banker explained that I had a service charge because I didn’t maintain a high enough balance.
“At this rate I will have no balance. Besides, what about my CD?MoreLess
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