Comments on: Changing banks http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: mwolff http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10670 Fri, 01 Jan 2010 20:27:31 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10670 Thanks, Felix, for taking note of credit unions. As not-for-profit co-ops, their rates are generally better and fees lower than banks of all stripes. Good to see that a number of commenters are making this point on the Huffington Post site as well. There are DataTrac daily bank vs credit union average rate comparisons and a credit union locator tool, the most comprehensive in the industry actually, at www.creditunion.coop (click on “locate a credit union”).

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By: DollarCents http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10632 Thu, 31 Dec 2009 15:51:37 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10632 Felix, you’re right on target with regards to credit unions. Check out the campaign called Bank With Texans (http://bankwithtexans.org/) that was profiled in The New York Times recently. It was started by Texas Dow Employees Credit Union. http://www.nytimes.com/2009/11/02/busine ss/media/02adco.html

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By: Ademanaonge http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10561 Wed, 30 Dec 2009 14:40:33 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10561 Felix, I’m a long-time reader. Thanks for the post. If consumers want another tool to help them locate a credit union, they can use www.culookup.com. (Disclaimer, that web site is sponsored by my employer’s subsidiary. But that aside, I think it is fairly effective.)

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By: HBC http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10557 Wed, 30 Dec 2009 13:55:40 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10557 If you’re serious about your money, you have to be willing to invest more than two clicks in deciding where to put it. True, though, that’s about all the time it takes to realize there has to be a better banking choice than BofA.

The rest is up to you.

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By: OnTheTimes http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10552 Wed, 30 Dec 2009 06:29:36 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10552 pickandroll, I have done just that, and it was worth it to get rid of my BofA account.

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By: pickandroll http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10549 Wed, 30 Dec 2009 05:49:25 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10549 Nothing is hard about it OnTheTimes, until you make some minor error in switching over one of your many auto-pay set ups and end up getting slammed with ridiculous late fees from some credit card or utility company.

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By: Uncle_Billy http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10543 Wed, 30 Dec 2009 02:43:10 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10543 http://baselinescenario.com/2009/10/13/d iana-farrell-and-the-white-house-theory- of-bank-size/#comment-30409

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By: OnTheTimes http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/comment-page-1/#comment-10540 Wed, 30 Dec 2009 02:05:21 +0000 http://blogs.reuters.com/felix-salmon/2009/12/30/changing-banks/#comment-10540 Why is it hard to move your account to a new bank? You open an account at a new bank and then stop writing checks on your old account, and a month or two later, close the old account. What is so hard about that?

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