My bank was bought out and went down hill in a hurry.

amdinc · Jul 29, 2016

A bank from NC BB&T bought out my bank.Susquahanna and another one, Penn National, shut down over 25 branches and layed off a number or employees. The service has gone from great to almost no existent. The lines at the bank go out the door on a Friday afternoon. I was with this bank for 15 years.
Time to get a new bank.

John

Mud · Jul 29, 2016

I just switched this week, to Citizens bank. I switched to Susquehanna 3 years ago, to get away from PNC after PNC bought Sterling Financial and my bank, BBT is just as bad, maybe worse than PNC for fees and BS. No one at my branch smiles anymore since the switch to BBT, that was my first indication of what was happening.

Rock6.3 · Jul 29, 2016

I don't remember the last time I entered my bank.

Online transactions.
Direct deposit.
ATM deposit / withdrawal.
Mailed deposit.
Deposit checks via smartphone, without mail.

cmccull166 · Jul 29, 2016

Mud said:
I just switched this week, to Citizens bank. I switched to Susquehanna 3 years ago, to get away from PNC after PNC bought Sterling Financial and my bank, BBT is just as bad, maybe worse than PNC for fees and BS. No one at my branch smiles anymore since the switch to BBT, that was my first indication of what was happening.

I want away from Citizens I was leaning towards PNC LOL..I think we are screwed as far as banks go.
Remember when they made their money loaning money.
Nows its penalty's , fees and costs.

amdinc · Jul 29, 2016

The only bad thing about the Susquehanna Bank was learning to spell their name

The first time I went to BB&T to get a wire transfer it took them three days to get it right.
Last week on Friday the bank ran out of money. The people were told to come back next week. That didn't go over very well. They said they didn't get their cash shipment in.
There are a couple of local banks that I am looking into, and the Penn National that BB&T closed which was in the local supermarket is supposed to get a new branch of some other bank in three months (something to do with lease agreement that they have to wait). Most banks don't even want to cash payroll checks unless the person has an account at the bank too otherwise they want to charge the employee.

John

RC Mech · Jul 29, 2016

Is that bank a subsidiary of the Susquehanna Hat Company?

A similar situation happened with my bank here. Tried to visit the branch in 3 different cities and each one had closed or moved. And this a major national bank. Come next month I'll be done with bricks and mortar banking (and any Canadian company). Fairly consistent across the board is tellers that don't know shit from tar.

Mud · Jul 29, 2016

cmccull166 said:
I want away from Citizens I was leaning towards PNC LOL...

Businesses around here were leaving PNC like rats off a sinking ship, not a single one that I know of was even asked why they were leaving or if there was something they could do to change their mind. PNC charged me $105.00 to make a wire transfer to Spain, and it took a week to get there. Worst part is I was quoted $45 6 weeks earlier, then when I made it "Oh there's also this charge and this charge, and a little extra because a teller is helping you do it. It would be cheaper for you to do it online" "OK, then set me up for online wire transfers." "That will take 30 days to do". Grrr.

Mud · Jul 29, 2016

RC Mech said:
Is that bank a subsidiary of the Susquehanna Hat Company?

.

Susquehanna is an old Indian name, and the name of a river in Central PA. TMI is an island in the middle of the Susquehanna south of Harrisburg - remember TMI?

SND · Jul 29, 2016

Last year I changed bank, new one(credit union type) is half the costs and better service/hours.
Its worth shopping around, I wish I had done so sooner.

Atomkinder · Jul 29, 2016

Just a thought: look to a Credit Union.

Mine is still in Minnesota and I don't need to visit them for anything, and am very happy with them to boot! Helpful when I need them to be, and automatic enough that I don't have to think about things much.

Mud · Jul 29, 2016

I wish I could, but credit unions don't accept corporations as customers.

RH68 · Jul 29, 2016

Mud said:
I wish I could, but credit unions don't accept corporations as customers.

Mine does. I use them for all my business needs. Maybe check another credit union?

JS · Jul 29, 2016

Credit union..

dkmc · Jul 29, 2016

rc mech said:
is that bank a subsidiary of the susquehanna hat company?
.

Susquehanna hat company !!!
:mad5:

Is the branch on Bagel Street??

I was with Citizens for several years till they closed the local branch and the next closest one was 45 miles away.
They acted all surprised when I closed my account.
They always seemed to hold funds extra long, among other annoyances. Now I'm with the local Corning Credit Union and they are great. NO fee checking. I'm a LLC, no problems with membership. But I guess the CU's make up their own rules.
YMMV

Larry Dickman · Jul 29, 2016

I don't do any online banking, mainly because my bank has smoking hot tellers.

Monarchist · Jul 29, 2016

amdinc said:
A bank from NC BB&T bought out my bank.Susquahanna and another one, Penn National, shut down over 25 branches and layed off a number or employees. The service has gone from great to almost no existent. The lines at the bank go out the door on a Friday afternoon. I was with this bank for 15 years.
Time to get a new bank.

John

BB&T does that. And far worse. Ruined First Virginia some years ago.

Fedwire member deposits went from 'at once' to 6 biz days 'artificial' clearing delay.

I use USAA Federal Savings Bank instead.

Irony is that I can pull money OUT of BB&T 'at once' into USAA.. and BB&T takes the same 6 days to become aware that it is gone!

Go figure...

If you are in PA, I highly recommend "Dollar Bank".

Bill

Mud · Jul 29, 2016

RH68 said:
Mine does. I use them for all my business needs. Maybe check another credit union?

C corp or S corp?

Mebfab · Jul 29, 2016

Remember when the government prevented monopolies?

oldster · Jul 29, 2016

I got away from the big banks assholes a very long time ago (used to be with bofa).
I switched to a small local county bank that has several branches throughout the area, is recognized and awarded for sound practices, lends to the local contracting community as well as personal loans.
When I walk in (even though I use the atm a lot) I am welcomed by several of the tellers by name, and it is a very friendly exchange.

Stay local! Keep your money in the community.

btw, the name of the bank is:

Santa Cruz Community Bank

Lee (the saw guy)

Mud · Jul 29, 2016

oldster said:
I got away from the big banks assholes a very long time ago (used to be with bofa).
I switched to a small local county bank that has several branches throughout the area, is recognized and awarded for sound practices, lends to the local contracting community as well as personal loans.
When I walk in (even though I use the atm a lot) I am welcomed by several of the tellers by name, and it is a very friendly exchange.

Stay local! Keep your money in the community.

That's where I was before PNC took over. It was my 4th bank and I absolutely loved it. Largely owned by the employees too. Then 2 guys in the equipment leasing company that was owned by the same umbrella co. committed a fraud so huge that they were 'forced' to sell out to PNC to 'Protect the stockholders" (who happened to be the upper level mgt. who didn't want to take the entire stock hit for the fraud and chose to bail themselves out). Lots of lifetime employees out on the street after the merger. Then I went to Susquehanna which was the last small local bank left. That lasted 2 years until BBT came in.

Examining scandal that rocked Sterling | News | lancasteronline.com

My bank was bought out and went down hill in a hurry.

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