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WAMU employee at B of A ???
Old 07-12-2008, 08:51 PM   #1
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WAMU employee at B of A ???

Disclaimer: I hate WAMU bank and have stated so in the past.

Now , I was at a large B of A and in comes a WAMU employee from his branch across the street , in his regulation WAMU blue shirt :confused:.

I am aquainted with this employee , as he was someone I had to deal with when I had a big problem with WAMU ignoring a court order.

Turns out he does his personal banking at B of A , his own bank is "The last place on earth to bank at".

Guess I'm not the only WAMU "Fan"

“The finance industry is 5% rational people and 95% shamans and faith healers.” - Charlie Munger
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Old 07-13-2008, 07:23 AM   #2
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I don't know about anyone else here, but I'm getting nervous about leaving money in WAMU. Quit BofA years ago due to lousy service, but maybe they have improved. Also have Wachovia, because World sold out when they said they never would...just now trying out Schwab Bank and may move everything there. I'm happy with the brokerage service so far.

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Old 07-13-2008, 07:38 AM   #3
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I, too, am a "fan" of WAMU ever since I opened a liquid CD w/ them and they insisted on charging me for the check every time I made a withdrawal. This was a surprise to me since no bank had ever done that esp. if your balance was greater than a nominal amount. I had to resort to a combination of begging/whining/threats to evade the fees. Recently I met a new employee at World Savings (now Wachovia). When he mentioned he was previously employed at WAMU, I mentioned he was a "fan" too because they (WAMU) lure the lower income folks w/ free accounts because they (WAMU) knows they can make lots of money on fees for rule violations (bounced checks, etc). I don't know how true that is but it was interesting to hear.
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