Quote:
Originally Posted by wtfent
Yea I'm actually going to cancel my account with Union bank this week and switch over to North Island Credit union, not sure why I did not do this along time ago, I have always had problems with them.
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Unfortunately most (tho not all) banks are predatory, including card companies wtfent. They stopped being real banks years ago and switched to being loan sharks to improve their shareholder reports.
From personal experience, know of bank managers who resigned when banks stopped acting as banks and adopted policies where staff are more interested in selling financial services and the bank found a new source of revenue in penalties. Similarly, if they think you have a biggish project in the wind, the first thing a bank manager will do is attempt to arrange meetings with bank directors to try and present an option to get a cut of the deal - tho, I never asked for loans or their "help", just needed competitent banking facilities. They are predatory and worth keeping at arms length.
It's ironic that an organization calls itself a "credit union" when they are really loan sharks.