Chase Bank
 

I'm shakin my head !!!!!!!!!!!!!

Somewhere recently I either got an E-mail or read in the forum that someone was miffed at Chase Bank over policy.

Background:

I have been doing business since 1970 at this bank branch near my home. Chase now owns it. Previously it was Bank of New York and before that some other bank whose name I have forgotten. In any event 40 yrs.

I have a checking account for daily transactions *( Direct deposit ) and a checking account *( Preferred checking ) for "other". And I have a savings account as well as a Chase Master Card with overdraft protection.

The *( Preferred Checking ) is a set aside due to the demise of my spouse. And I am the Administrator of the account. This acount writes two check each year to pay school and property taxes.

Sidebar:

I opened a CD with Chase on a revolving 6 month basis. Due to Chases parsimonious rates I moved it to another Bank, Hudson City Savings.

In my most recent statement Chase charged me $12 for the month because my *( Prefered Checking account had less than $1,500 balance ) * I paid my property taxes depleting that account.

I asked the black representative if she could explain to me why my *( Preferred checking ) charged me while my *( Direct Deposit ) did not. She said the *( Preferred checking was obsolete and no longer available !!!!!! *( But they still employed the old rules ).

So on my preferred checking I had to maintain a $1,500 balance. NO interest was paid. Chase had my money but didn't pay me anything for it annually.

On my savings account I had to maintain a minimum of $300 to avoid charges .

Other bank officials came in and joined the conversation. There was some whispering among them.

I offered that my best options were to move my accounts to Hudson City Savings, or to close the *( preferred checking account).

The happy solution was that Chase decided to let me deposit $300 minimum into my *( My preferred account ) with the condition that I wouldn't write more than 4 checks. I write 2 check annually from that account to pay my property taxes.

The long and short of it is that I told Chase that they were similar to three card Monte steet gang.

Chase consolidated my accounts with an annuity, waived the $12 monthly fee and linked all of my accounts to my satisfaction.

I haven't yet taken a shower but it will occur soon.

I'd like to offer words of advice, or even share a similar story, however I find myself overwhelmed with jealousy over your bragging that you have that much money in the bank :D

A few years back Chase bought out so many other bank and as a result I landed up having to deal with them . I feel like they grabbed me off the sidewalk, threw me in an alley, beat me up and stole my money. As soon as those credit cards are payed off, I will say good-by and never, ever do business with them again.

Right
 

Maybe I'm a little bit naive but to be succinct - I came from nothing, poverty and worked my ass off for decades, motivated and determined. I made many sacrifices. My Mom and Dad had nothing, in material wealth, but something in work ethic, values, ethics, religion and above all excellent genes. Mom lived to 102 and Dad to97.

I actually was in the top 10% of wage earners in the USA by hard work and sacrifices. Fortunately I was able to translate this to my granddaughter who will graduate in May 2011 from College with 3 - three - degrees. She will go on to law school with my assistance.

Unfortunately to my everlasting chagrin two of my grandsons haven't absorbed the lesson as yet and they are essentially laboring and lost.

I give to various charities. Don't know what happens but apparently my name gets spread around, by some unknown method, as a soft touch, and I receive an absolutely incredible number of E-mails and letters asking for donation and contributions on a daily basis - hundreds!

Sorry if I came across as braggadocio and pompous. Unintended. I was only speaking commonly as the real circumstances. Perhaps I didn't realize that others are less affluent and fortunate. I do apologize for the oversight, without offense. :D

I know a non-profit you could donate to that won't spread your name around, and it's very close to my heart. I guess I'll leave you guessing who.

I have done all I can, I'm ready to give up on college. You have no idea what it's like trying to get through when you're struggling to eat.
You really should be more quiet about what you earn, you're attracting those of us who have less. It's a good thing we're not illegal aliens, because I'm rather serious, if one of them were overhearing you discuss all this, they'd find a way to rob you. I've been a victim of it. I even once loaned a guitar to a friend I thought I could trust, only to find that his mexican roommate's cousin managed to pawn it ... :(

He's not ignorant to what's around him, he'll be fine.

I was just kidding Wetibbe. I'm not really jealous, but rather having a little fun at his expense report.:p
On an interesting and coincidental note regarding trying to hide your wealth or assets from prying mexican illegals, I discovered today that I was again the victim of ID theft. Some fool illegal used my name to buy a house(which I already knew), but then was evicted from it (which I didn't know). An unlawful detainer showed up in my name in a 2007 case. Funny thing was that it was not added to the court register until the last few months. Don't know why, but I'll bet it has something to do with incompetence at the bureaucratic level
Only a foolish illegal would be stoopid enough to steal the identity of someone poorer than himself. ;)

[QUOTE=Bear Flag Republican;14526]I have done all I can, I'm ready to give up on college. You have no idea what it's like trying to get through when you're struggling to eat.

Some words from an old timer. I've been retired for quite some time. Back when I went to college I was more broke than you are. I didn't have the price of tuition and I couldn't afford a fraternity. I went on a football scholarship thanks to my high-school teacher. Of course I was also a big, strong football player in high-school.

When it came time for my son to go to college we were not all that well off and had just bought/built a new house which needed furnishing. He lived at home and commuted about 30 miles one way. We got him a student loan. He went to college during the day and worked as a telemarketer at night coming home after 11:00 PM. My Granddaughter also has been struggling in college and her Dad has been paying her tuition and living expenses. She is in her senior year slated to graduate in May 2011. She got a student loan recently. And she also has a part time job as an accountant with a Catholic agency in her college town.

My Daughter married a guy who was in the Navy for several years. After he quit the Navy they lived together and had two children. At the same time he enrolled in college simultaneously working in a Federal Prison. At one point our daughter asked if she, and her kids, could move back in with us. They were down to their last $200. Fortunately it did not happen. Not only did he graduate with a degree he went on to obtain a Masters. Federal Prisons Industries retired him at 57. He went to work for the State Department in Washington, D.C., now involved with Iraq and Afghanistan. He collects 80% of his previous salary as retirement benefits and his current salary is more than he earned while with Federal Prisons Industries.

Maybe I left a false impression. Half of my neighbors are better of than I am ! In fact anyone who has never visited the New York area is in for a shock at the affluence surrounding the city, the mansion and estates. I'm just an average Joe by comparison. My daughter in law is a registered nurse working in pediatrics and she earns more than $80,000 annually. She is not considered very well off in her environs.

My grandsons *( Different families ) were the off-springs of parents who worked hard to be successful. They were spoiled and had everything handed to them which they obviously didn't appreciate. Their parents offered to pay their college and they turned their noses up. Now they are suffering, and struggling, big time and kicking themselves.

So my advice to you is to hang in there. Do whatever it takes, but get that degree. Get a loan, get a job, get two jobs. But do not give up. It will be a mistake that will haunt you for the rest of your life. We all suffered and sacrificed. It takes YEARS to get established and begin saving money. *( My daughter said her kids had it too easy. They didn't suffer and didn't struggle and thus don't appreciate. Hardships toughten the spirit. It will make you a better person with a better character. And you'll have something to tell you kids at the breakfast table on Sunday mornings while you relate to them what your youth was like.)

Dale Carnegie: - " I cried the blues, I had no shoes, until I saw the man who had no feet !

About College! My 14 and 15 year old told me yesterday, that if they want to go to college, don't say that you are white! This infuriates me and was told to them both by different teachers in junior high! Why can't we all be Americans! Don't give up on your dream.

Sounds like institutionalized discrimination.
And, with such blatant indoctrination and government-funded pressure to deny one's race, it is pretty clear that the US government is committing genocide against white people, by the definitions laid out in international law.

Oops, I suppose that's a "racist" statement ...

Response
 

I'm very big on education. Don't want to get in to it in detail but my wife was significantly disadvantage, due to wars and politics although she was phenomenally level headed and astute.

I will say also that from personal experience that your daughters should NOT expect to have some male support them for life. Things happen and I do not have to draw a picture.

I indoctrinated my granddaughter and she responder over the top. Scarily. She is carrying an enormous load three degrees. Even her father is awe struck. She is very, very gregarious and determined. On her birthday her friends came to her dorm and held a party. She chased them out at midnight so she could continue studying .

Seemingly your daughters have inhaled some liberal propaganda which is deplorable. Here in NY our colleges do not broadcast such distracting disinformation.

If your state is similar to my state you may want to enroll them into a community college and if your instate is similar to our state they will be in very good hands,

In any event I encourage you very vigorously to en sure that they complete college and obtain a degree in their best interest and your satisfaction as a proud Mom,

About 15 yrs ago while I was living at UCLA dorm, there was a woman also lived there at the time who told me the same thing, "Don't put down you're White" and she had proof that they used it against you. At the time I was not as informed as I am today and didn't pay much attention to the double standard. But whether anyone wants to agree or not, it is the truth and she proved it to me. Most people don't go to the lengths she went to to document it, especially 15 years ago when she did. But it is still happening today.

Remember, a good education is something no one can take away from you. It allows you a better ability to understand the things around you and also gives you a fuller life as a result. It is a struggle to pay for, that is true, but what you gain often overcompensates for the cost and investment of your time.

I am one who doesn't like the indoctrination that MANY, if not MOST, of our students by our schools today. But by attending you'll learn the lingo/jargon and understand what they're doing and that closeup first hand experience can only done by observing and being there. You don't get the fill gist of it by sitting on the sidelines. But when you're aware of it, you can expose it.

Don't give up. It's an investment in yourself that is worth more than anything else you do. Just don't expect it to land you a great job, that's not what's happening today. But there's more to gain than just a job.

I agree. I've had to take care of my family alone and it isn't easy, but the job got done. Some of the things that I've heard from the girls mouth lately, has shocked me. If the Supt. of Schools knew this and he will be told, he'd look into it. God Bless America and all of us racist Americans!

More on Chase
 

Spoke to my son yesterday about my experiences with Chase. He is a senior mortgage consultant/loan officer with Chase. He works out of more than one branch office.

I told him that Chase could be negotiated with and he said: Oh yes !

I told him that they had a hat full of tricks and he said: Oh yes !

Further he said: They are trying to get rid of the small investors/depositors. They don't want them. They posted a $6.5 billion profit recently !

The manager of one branch was formerly with Washington Mutual who went out of business and was acquired by Chase. Chase is charging $12 per month on checking accounts that have under $1,500 average monthly balance. That's $144 per year per account. Since the changes in banking regulations on credit cards they lose revenue and are trying to make it back by charging checking accounts. Other banks charge $3 or $4 monthly. Hudson City Bank doesn't charge anything.

The branch manager is freaking out. He is losing customers daily. The old Washington Mutual customers are closing accounts and moving their money out of Chase.