[quote=mike92104]I don’t understand why anybody uses the big banks. I have free checking with free atm at my credit union as long as I have $50 in savings there. They do charge me $5/month to use the bill pay features, but that’s it.[/quote]
Union Bank of CA, “NA” is not a “Big Bank.” It is exclusively in CA (formerly “Union Bank” and before that, “CA First Bank”). It is now Japanese-owned and has always been HQ’d in SF. As far as I am aware, they are solvent and have many, many longtime commercial accounts. They also have a multitude of proprietary ATM machines in nearly EVERY CA locale.
Having been with them (and their predecessors) for well over thirty years, I can attest that I have never rec’d such a notice and do not typically “maintain” a $25K combined balance with them. My accts and online bill-pay are free and always have been. I also get a free safe deposit box.
CricketOnTheHearth, I would be interested to see your (redacted) letter you recently rec’d from Union Bank posted here.
