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Most community banks shut down or got bought up as a result of the past 30 years of lobbying from big banks. My town's bank had operated independently for almos
by norikki 9y ago
Most community banks shut down or got bought up as a result of the past 30 years of lobbying from big banks. My town's bank had operated independently for almost 100 years before being bought up a few years ago. Now my choices are BoA, Wells Fargo, or stashing bills under my mattress. Thanks crony capitalism.
- ac29 9y ago> Now my choices are BoA, Wells Fargo, or stashing bills under my mattress. For many, many years, I used an online-only checking/savings account. Its pretty viable, unless you have frequent urgent needs (like getting paid, and needing cash from that check the same day).