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Any Californians comment on Well's Fargo
Old 06-01-2006, 07:37 PM   #1
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Any Californians comment on Well's Fargo

I need an account at a California Bank in order to get a Safety deposit box.

Anyone care to point me to a good bank?
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Re: Any Californians comment on Well's Fargo
Old 06-01-2006, 08:04 PM   #2
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Re: Any Californians comment on Well's Fargo

Skip WF and go to a credit union that has safety deposit boxes.
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Re: Any Californians comment on Well's Fargo
Old 06-01-2006, 08:31 PM   #3
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Re: Any Californians comment on Well's Fargo

Avoid Bof A at all costs. Agree with credit union.
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Re: Any Californians comment on Well's Fargo
Old 06-01-2006, 08:32 PM   #4
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Re: Any Californians comment on Well's Fargo

Thanks for that.
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Re: Any Californians comment on Well's Fargo
Old 06-01-2006, 09:17 PM   #5
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Re: Any Californians comment on Well's Fargo

I have two safe deposit boxes, one at my credit union (which is a loooong and inconvenient drive) and a smaller one at the WF branch that's a three minute drive from home. The CU box is a cheaper and they pay much better interest. But, there are some small items that I don't want to keep in the house, but do need occasional access to more often then I am willing to spend an hour fighting big city traffic to retrieve. So the WF box fills a need. You have to open an account, I chose savings, it pays .5% interest and you need to keep a minimum of $300 on hand to avoid any account service fees. Sucks, but I paid the price for the convenience.
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Re: Any Californians comment on Well's Fargo
Old 06-01-2006, 11:40 PM   #6
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Re: Any Californians comment on Well's Fargo

I'm in Santa Clara valley and have a safety deposit box at Washington Mutual. My credit union doesn't have safety deposity boxes. I've never had an account at Wells Fargo.
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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 12:08 AM   #7
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Re: Any Californians comment on Well's Fargo

I've used WF exclusively for checking needs for last 5 years. Chose them primarily because of ATM network stretching from Alaska to Texas (rarely went east of the Mississippi).

Also have very good Bill Pay provisions in online banking, 1% dividend credit card, credit card auto pay, electronic billing, etc. Continually shuttled funds back and forth between ING and WF to optimize interest each month. Never had any issues, errors or glitches.
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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 09:07 AM   #8
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Re: Any Californians comment on Well's Fargo

Thanks for the inputs. Out my Mission St 41st floor I can see CitiBank, Wells Fargo, US Bank, Washington Mutual, Fidelity, BofA, and just one street back of on California there are a gazillion more.

This morning I'm going to do a survey of which has the prettiest tellers and chose that one.
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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 10:50 AM   #9
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Re: Any Californians comment on Well's Fargo

I havent used either BOA or WF, but my dad has, and he offers four thumbs down. Both screwed up his account opening, with WF losing a hundred grand initial deposit for a week, then finding it, then refusing to pay him the interest on it even though it was their fault. Both kept trying to slip funny little $3/$5 fees into his account, which they'd always acknowledge as mistakes and remove but then continue to try something else. Guess they're just looking for customers that dont scrutinize their bills.

Neither could easily cash out a EE bond, having to gather together a half dozen people to look it over, continue to try to process it the wrong way, and eventually trot out the guy over 30 that knew how to do it.

Both do have huge no-fee atm networks.

I'd go for a credit union.
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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 12:27 PM   #10
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Re: Any Californians comment on Well's Fargo

Quote:
Originally Posted by OldAgePensioner
This morning I'm going to do a survey of which has the prettiest tellers and chose that one.
OAP, Nothing like your hormones making your decisions.

I have had pretty good results with HSBC. When I complained about a problem, I was able to twist the supervisor's arm in giving me a $25 credit for my time (15 minutes). They also have a large presence internationally so their ATM card will come in handy. Don't forget their MMA @ 4.65% and their ability to establish unlimited ACH connections to transfer your money in or out of your saving account.

I only went one branch closest to me. The branch manager who was an Indi/Pak woman (?) was pretty cute and very agressive in her (failed) attempt to entice me to invest some of the money from my house sale with HSBC.
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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 01:43 PM   #11
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Re: Any Californians comment on Well's Fargo

Alta Red:
Quote:
I've used WF exclusively for checking needs for last 5 years. Chose them primarily because of ATM network stretching from Alaska to Texas (rarely went east of the Mississippi).
We haven't used a local bank since the early 80's. We opened an investmet account with an investment house (Fidelity, Vanguard, etc.)

Dividends and interest get deposited right into a money market fund, and the ATM's are accessible world-wide. There are no annual fees to have this sort of account.

Cute Fuzzy Bunny
Quote:
Both kept trying to slip funny little $3/$5 fees into his account,...Both do have huge no-fee atm networks.
We get 5 free withdrawals from ATM's monthly. We only pay the local bank fee if there is one in the US, not in other countries. *Works for us. *

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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 03:30 PM   #12
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Re: Any Californians comment on Well's Fargo

I don't really need the account, I need the safety deposit box for my 600 Kuggerands currently stashed under my mattress. Keep that quiet, please.
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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 07:16 PM   #13
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Re: Any Californians comment on Well's Fargo

can't recommend WF

opened an account with them 1 year ago when I left the area serviced by my regional bank. at the time they said if I had $100 automatically moved from checking to savings, I would have no monthly fee, could have ATM card, electronic bill pay, etc.

after about 6 months, a $12 fee showed up. This happened twice, both times I called, they said "oops" and took it back after noting the $100 autotransfer.

last month it showed up again. This time they acted like I was nuts--and quoted me rules showing that unless I had a mortgage with them or over $5000 combined, I had to pay the fee. They must have changed the rules, but they wouldn't fess up to it.

I am in the process of converting it all to Fidelity. The interest in the WF accounts is so bad, I don't want to keep $5000 there, and after talking with Fido, there are no fees if your household accounts are over $100,000 which mine already are. They have debit, electronic billpay, checking, everything WF had, PLUS decent interest rates.

Just my $.02 (last months interest on my WF checking account was $.11)
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Re: Any Californians comment on Well's Fargo
Old 06-02-2006, 08:54 PM   #14
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Re: Any Californians comment on Well's Fargo

Quote:
I don't really need the account, I need the safety deposit box for my 600 Kuggerands currently stashed under my mattress.* *Keep that quiet, please.
600 Kuggerands? uh.. we need to talk, buddy* * *

I'm curious -- why not buy a fireproof heavy duty safe and keep it combination locked in your house/basement/in-the-backyard? Then you have access to it whenever you want, don't have to worry about banking hours, gas prices, traffic or account fees.

What am I missing here?

Oh, and I'd like to be the first to offer you my house to keep the safe in!* * *8) I could consider it my civic duty or something...

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Re: Any Californians comment on Well's Fargo
Old 06-03-2006, 08:15 AM   #15
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Re: Any Californians comment on Well's Fargo

Hi, Akaisha!

OAP is on the road. His 'home safe' would have to look like one of those travelling suitcases with wheels. (I am trying to imagine OAP hauling this around the hills of San Francisco! )

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Re: Any Californians comment on Well's Fargo
Old 06-03-2006, 08:40 AM   #16
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Re: Any Californians comment on Well's Fargo

I think Akaisha or Billy and Ed have talked me out of the whole thing. I'll just hide the shiny old coins in someone's flower bed up on Nob Hill. On Jones St. Yeah, nobody will suspect that 1155 Jones St. has gold in it's flower bed.
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Re: Any Californians comment on Well's Fargo
Old 06-03-2006, 09:49 AM   #17
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Re: Any Californians comment on Well's Fargo

Careful OAP...you might hit a vein of ore while digging...

You should buy yourself a panning kit and do a little panning in one of our fine rivers upstream of SF here in sacramento. Big rains this past year, should be a lot of gold released.

Folks tell me its like fishing, except you dont need a rod, reel or bait. And sometimes you scratch up a few hundred in gold to buy your fish dinner

Except its likely to be farm raised.
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Re: Any Californians comment on Well's Fargo
Old 06-03-2006, 10:03 AM   #18
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Re: Any Californians comment on Well's Fargo

I really like swordfish and a nice swordfish farm could rake in a few quid.

The gold panning thing sounds like fun. A bottle of hooch, some samwichies and a hooker for breaks. Darn right, sounds fun.

Well I off to the Embarcadero for an egg sandwich with basil mayo. It's an old tradition I'm starting.
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Re: Any Californians comment on Well's Fargo
Old 06-03-2006, 03:31 PM   #19
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Re: Any Californians comment on Well's Fargo

Hi Ed!

Gosh, OAP's safe is that big?* *

B and I were trying to figure out what would be owned that would be so important we would have to have a special safe to -- uh -- keep it safe!

I suppose deeds to property, original stock certificates, heirloom jewelry, maybe wills or something... but we like to put these things in cyberspace and encrypt them -- not the original stock certs, (if we had any)... and not all those 'gems'* *

Our view being that at some point all those things start to own us instead of the other way around.

It took me a long time to get to this mental/emotional place -- but I truly like it better. Feels more free internally. I love beauty, I love quality. I just don't need to own everything.

Not to belabor this detail, but we have gotten to the view that our 'things' (home/vehicle/clothes/etc.) should support us and not the other way around. If we are fretting over a thing*then our perspective is skewed.

I realize this is 'our' view. Everyone chooses. Whatever works for you...*

Best to you!

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Re: Any Californians comment on Well's Fargo
Old 06-03-2006, 04:34 PM   #20
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Re: Any Californians comment on Well's Fargo

Quote:
Originally Posted by OldAgePensioner
I need an account at a California Bank in order to get a Safety deposit box.

Anyone care to point me to a good bank?
Hi OAP,

Wells Fargo is on my hit list. As in: hit 'em hard & where it hurts.
Few months ago I deposited $ 1,500.-- in cash into their ATM because the line inside was too long and moving at a snail's pace. That was the first and last time I made a cash ATM deposit. WF promptly* "lost" it... and six phony phone-bankers later, I still didn't know what happened and if I would get "reimbursed" for what they'd stolen.

Yelling often works in American business dealings*
but with WF's professional stone-walling tactics firmly in place, it was useless.

Couldn't get no satisfaction, even though I eventually got "credited" for the missing $$.

WF & BoA are known violators of the 11th commandment:

Thou shalt not suck.

Kaleko - glad you asked.
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