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HK

wrote:
On Wed, 23 Jan 2008 11:31:17 -0500, Salmon Bait
wrote:

Actually I prefer having money spread out across several banks, If
nothing else, it is easier to "fire" one that isn't treating you right
if you have another bank you can swap into.
I'm down to two. It makes record keeping much easier.
--

What is so hard about the "record keeping"? My accounts all get
separate statements anyway, even if they are in the same bank.
It is actually pretty hard to stay diversified when the big fish are
eating the little fish. I know some bankers who say one day there may
only be one big bank and the Federal Reserve.

Sigh. When we lived in FL, I did business with Barnett Bank. Friendly
place, easy to deal with. Then it was bought out by three or four
successive "national" banks, and service went down, down, down each
time. Now the survivors are owned by Bank of America, the worst of them
all. We keep a few bucks there because BofA's teller machines are just
about everywhere in the states, and we can access them with no fees. But
for more typical banking services, we use an affinity federal credit
union. Much more friendly people, locally managed, and accommodating,
and they're in business to serve, not to turn the most bucks possible,
uber alles.