Just a quick update -
We're keeping an eye on some interesting developments before resuming our ranting and raving...
In the meantime, Bank of America's announcement to charge $5 a month for using a debit card led to outrage, to the point of sparking a nationwide exodus to credit unions. Community banks are seizing on this opportunity to draw in angry bank customers (see here and here).
Banking is a business, and the bottom line matters. Luckily, community banks recognize that customers are assets, not faceless masses that can be nickled and dimed.
No comments:
Post a Comment