tag:blogger.com,1999:blog-12347325.post4914502651075503870..comments2023-09-13T00:46:08.273-07:00Comments on Laundry and Lullabies: Did you bank with WaMu?Emily (Laundry and Lullabies)http://www.blogger.com/profile/16367630628716619991noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-12347325.post-4486725394777396122010-01-02T12:24:06.459-08:002010-01-02T12:24:06.459-08:00After seeing a $9 million transaction on my accoun...After seeing a $9 million transaction on my account Friday I called assuming it was fraud. Instead I learned that it was Chase's way of telling me that they have decided to "terminate our business relationship" without notice. I still have NO idea why. I was told that Chase does not have or need a reason to terminate a relationship without notice. So do I have access to my funds?? QZX999https://www.blogger.com/profile/05930581470712061621noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-51500521216310801472009-11-18T20:25:50.134-08:002009-11-18T20:25:50.134-08:00Anonymous:
1) Wamu folded because they bought Co...Anonymous: <br /><br />1) Wamu folded because they bought Countrywide, not because they were losing money for lack of fees.<br /><br />2) I'm not upset with Chase *having* fees, I'm upset that they didn't tell me about them.<br /><br />3) We did indeed move our money elsewhere. Yay capitalism. :)Emily (Laundry and Lullabies)https://www.blogger.com/profile/16367630628716619991noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-19983594501596855072009-11-18T16:00:03.121-08:002009-11-18T16:00:03.121-08:00Banking is a business and every business needs to ...Banking is a business and every business needs to make a profit.<br />The reason WaMu merger with Chase<br />because it not only operated on loss profits, but went shall we say "bankrupty". In fact, on Sept. 25, 2008, it became the largest bank failure in U.S. history.<br />America was built on the notion of meritocrast and capitalist spirit not on communist beliefs. If consumers find Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12347325.post-63256301399178783072009-11-06T01:33:12.541-08:002009-11-06T01:33:12.541-08:00I agree with you Emily. I was a Valley Fed custome...I agree with you Emily. I was a Valley Fed customer and they were taken over by Wamu. Wamu honored my prior relationship with Valley Fed and I had a good relationship with them for years. I have closed several accounts with them since they have been acquired by Chase and will be finished with that relationship within the next month. Chase calls me wanting my business back but the have nothing Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12347325.post-10188526279234254192009-11-05T23:48:54.875-08:002009-11-05T23:48:54.875-08:00I've had good luck with my local bank (Fullert...I've had good luck with my local bank (Fullerton Community Bank). I've never had any trouble with fees, even when withdrawing from ATMs when I was living overseas for a few months. They are attentive, quick, and I've always found them to be very friendly.A.E.B.https://www.blogger.com/profile/02857176916780148907noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-76362161537747808972009-11-05T22:23:44.750-08:002009-11-05T22:23:44.750-08:00We actually really hated WaMu when we banked with ...We actually really hated WaMu when we banked with them and switched to Wells Fargo years ago. No experience at all with Chase, but I can see why WaMu folded if they offered tons of stuff for free that other banks charge for regularly.<br /><br />Still, they should've notified you about fee changes. That's stupid.Lindshttps://www.blogger.com/profile/07435070216112833249noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-81981131927999309432009-11-04T22:08:55.864-08:002009-11-04T22:08:55.864-08:00I opened my WaMu account in my first month at Biol...I opened my WaMu account in my first month at Biola. I loved them. Seriously loved them...as much as any person can love a bank. Pretty early on, all of our WaMus branches here closed and we were relegated to single desks inside Chase Banks. It was awful. We tried to be patient and wait through some of the mistakes that were bound to come with the switch, but you could just tell the entire Jenhttps://www.blogger.com/profile/13491687007971233290noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-45454878291761349282009-11-02T16:06:54.326-08:002009-11-02T16:06:54.326-08:00We just opened an Electric Orange account too and ...We just opened an Electric Orange account too and so far I'm liking it. We were never with WaMu, but I am looking forward to canceling our Chase credit card once we *ahem* finish paying it off (things got a little financially ugly in the late spring as we feverishly were trying to finish the house). As soon as we started carrying a balance on our card (which we've had for 4-5 years), Amberhttps://www.blogger.com/profile/12689104216675201913noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-88307273122311246172009-11-02T14:14:32.894-08:002009-11-02T14:14:32.894-08:00To those of you, who are closing your accounts wit...To those of you, who are closing your accounts with Chase – good work! Chase does not deserve to have access to your cash, only to loan it out again at high interest rates, several times over, due to fractional reserve banking. This is how these banks get rich. <br /><br />Please make sure you take your money to a LOCAL bank or credit union, not another national bank, such as Bank of America, Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12347325.post-75845033279790747802009-10-31T15:31:16.563-07:002009-10-31T15:31:16.563-07:00Sarah, I knew what you meant. :) I had an old cre...Sarah, I knew what you meant. :) I had an old credit card with Chase too, used infrequently for the same reason, and they closed it without warning as well. That was a few months ago. <br /><br />Seriously, though, consumers unite! We don't have to put up with this - we have good bank accounts and good credit and we can just go elsewhere!Emily (Laundry and Lullabies)https://www.blogger.com/profile/16367630628716619991noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-69203797774698005852009-10-31T14:18:58.991-07:002009-10-31T14:18:58.991-07:00Sorry . . . in my rant I don't think I made se...Sorry . . . in my rant I don't think I made sense. He had a CC through WaMu, which Chase just up and announced was closed. Bah on them.Sarahhttps://www.blogger.com/profile/05220448315369951650noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-42928520593596656612009-10-31T14:18:04.031-07:002009-10-31T14:18:04.031-07:00DUDE! I came back here because we just got a lette...DUDE! I came back here because we just got a letter that they decided Dave's old credit card account wasn't meeting his needs and closed it, just like that. NOT that we used it, but we'd kept it open for credit reporting purposes. Sheesh!<br /><br />(And I second or third or whatever the motion towards SchoolsFirst . . . I got in because I took a class at Cal State Fullerton and we Sarahhttps://www.blogger.com/profile/05220448315369951650noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-8495591110536741432009-10-31T09:28:22.613-07:002009-10-31T09:28:22.613-07:00Thank you so much for this post, Emily!!! I was w...Thank you so much for this post, Emily!!! I was with WaMu as well, and will be looking for a new bank now.Wandererhttps://www.blogger.com/profile/01632780642589976269noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-31119810668745336352009-10-31T01:47:31.829-07:002009-10-31T01:47:31.829-07:00We have savings accounts with Schools First and al...We have savings accounts with Schools First and also our car loan. They always get the best rates around, in fact all othe companies that have requested our business say they never can compete!:)Cowen Familyhttps://www.blogger.com/profile/15884173360493801390noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-40088394252517319942009-10-30T17:42:09.219-07:002009-10-30T17:42:09.219-07:00Yeah, we use Schools First, and we've always b...Yeah, we use Schools First, and we've always been pleased with them. There are no fees at all. It's true that you could join through us, if you'd like to!Libbyhttps://www.blogger.com/profile/12023549043440098560noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-27140119827846675492009-10-30T16:18:09.991-07:002009-10-30T16:18:09.991-07:00Becks, what makes them so awesome? Can you elabor...Becks, what makes them so awesome? Can you elaborate?Emily (Laundry and Lullabies)https://www.blogger.com/profile/16367630628716619991noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-49861620009943296542009-10-30T16:13:08.448-07:002009-10-30T16:13:08.448-07:00I know you've already picked a bank, but if yo...I know you've already picked a bank, but if you can get into Schools First FCU (used to be OCTFCU), they are the BEST. Maybe Libby could get you guys in? As far as I know, you can only get in if you are a teacher, or a relative of a teacher. Nate and I have been banking there for years and they are just SO awesome.Beckshttps://www.blogger.com/profile/12764693424856370645noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-21197833427105448162009-10-30T15:55:40.923-07:002009-10-30T15:55:40.923-07:00Pamela, we've decided to use IngDirect's E...Pamela, we've decided to use IngDirect's Electric Orange checking for our main banking. For us, this is a good choice because we already have our savings accounts with them as well as some of our investments, and we do 95% of our banking online anyway. <br /><br />Because we also want to have a brick and mortar bank (for depositing and writing minor checks or getting actual cash) we'Emily (Laundry and Lullabies)https://www.blogger.com/profile/16367630628716619991noreply@blogger.comtag:blogger.com,1999:blog-12347325.post-85653615508539201152009-10-30T15:37:53.627-07:002009-10-30T15:37:53.627-07:00I hear you!!! I dealt with this just yesterday aft...I hear you!!! I dealt with this just yesterday after seeing a fee charged to our account. Something that WaMu never charged us for is apparently now going to cost us 3% of each transaction!! Thankfully I caught it on the first charge ($6) and didn't proceed with our next transfer of money that would have cost me $17! We are now on the hunt for a new bank as well, did you find one that you ooshelahttps://www.blogger.com/profile/09174648073986115911noreply@blogger.com