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Old 05-05-2009, 04:20 PM   #1
TwoHeadsBrewing
 
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Ok, I've been less than happy with Washington Mutual for the last few months but now I'm finally ready to take my money out and find another bank. Can you all help out and share your experiences with the banks listed below? I've got a few I'm interested in, but I really can't find very many reviews on their services.

Bank of America
Wells Fargo
Butte Community Bank
Umqua Bank
Tri Counties Bank

Any others you can suggest would be fantastic also.
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Old 05-05-2009, 04:22 PM   #2
srm775
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No more WaMu? Chase is a decent enough bank.

 
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Old 05-05-2009, 04:24 PM   #3
remilard
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If you are the kind of person who always has problems with retailers and service provides (and of course those problems are never your fault) you will never like any bank for very long and should just stay put.

If you are a reasonable person, I like BoA, Wells Fargo and ING Direct.

 
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Old 05-05-2009, 04:26 PM   #4
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I switched to a Credit Union based in GA not too long ago, the difference is awesome. The lines aren't ridiculous and you get to talk to people that don't treat you like a number. I would look into that if you're willing to part from the mega-banks...


 
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Old 05-05-2009, 04:27 PM   #5
Aleforge
 
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I use Bank of America, they seem ok. I liked how your debit card has your photo on them. I also use the "keep the change" service and its nice to watch the savings account grow with each transaction. No fees, tons of locations.

I have been through 5 banks in the past 8 years, the only one that never screwed me over was the local credit union. But we moved to far away from their location.
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Old 05-05-2009, 04:28 PM   #6
TwoHeadsBrewing
 
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Quote:
Originally Posted by srm775 View Post
No more WaMu? Chase is a decent enough bank.
Well, my main problem with them is their "availability of deposits". If you deposit checks into their ATM's, your balance is not "available" for use for up to 3 business days...in my experience I've waited up to 5 business days. Now, if you walk into the brank and deposit those checks, no problem...the money is avialable immediately. The problem lies with their system of sending ALL deposits to a central clearing house; they don't actually process any checks for 1-2 days. This is just not acceptable to me, and since we are both busy working during bank business hours we very rarely can go into the bank. About half of my monthly income arrives by personal check, and sometimes I just cannot wait 3-5 business days to use that money.

I'm looking for a bank that makes those deposits available no later than one business day.
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Old 05-05-2009, 04:36 PM   #7
srm775
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Quote:
Originally Posted by TwoHeadsBrewing View Post
Well, my main problem with them is their "availability of deposits". If you deposit checks into their ATM's, your balance is not "available" for use for up to 3 business days...in my experience I've waited up to 5 business days. Now, if you walk into the brank and deposit those checks, no problem...the money is avialable immediately. The problem lies with their system of sending ALL deposits to a central clearing house; they don't actually process any checks for 1-2 days. This is just not acceptable to me, and since we are both busy working during bank business hours we very rarely can go into the bank. About half of my monthly income arrives by personal check, and sometimes I just cannot wait 3-5 business days to use that money.

I'm looking for a bank that makes those deposits available no later than one business day.

Yeah, that probably won't change with a bank change. The large banks all operate the same and at the same speed. If the second largest bank in the country can't process your checks within two days, then no other ones will be able to either. I think the problem lies more with financial institution that the check is drawn on, rather than WaMu/Chase.

 
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Old 05-05-2009, 04:38 PM   #8
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Quote:
Originally Posted by TwoHeadsBrewing View Post
I'm looking for a bank that makes those deposits available no later than one business day.
I have been pretty happy with BoA's ATM deposits. I am honestly not sure how long it takes for the deposits to become available, but it has never been an issue. I like that they scan the checks and give you a copy on the receipt, I am not sure it this would be helpful if there was an issue, but it makes me feel better.

 
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Old 05-05-2009, 04:41 PM   #9
TwoHeadsBrewing
 
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Quote:
Originally Posted by srm775 View Post
Yeah, that probably won't change with a bank change. The large banks all operate the same and at the same speed. If the second largest bank in the country can't process your checks within two days, then no other ones will be able to either. I think the problem lies more with financial institution that the check is drawn on, rather than WaMu/Chase.
That's why I'm considering small, local banks. I'm assuming that they don't send their checks to some third party, although I may be wrong. I know that at least one of the banks does all of their deposit verification nightly, right here in town.
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Old 05-05-2009, 04:42 PM   #10
GreenwoodRover
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Sounds like you need business type account rather than a personal one.
IME That's usually the only way you'll have same or next day availability of funds.
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