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by norikki 3062 days 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.
1 comments

> 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).