I'm elated by the move to credit unions and small banks. I've been with credit unions since 2002 when I closed my account with Washington Mutual. The reason for the move was that they instituted a new policy wherein they would no longer charge customers of other banks to use WAMU ATMs, and yet they still charged a service fee for their own customers to withdraw from non WAMU ATMs. So I walked into the bank and asked the teller...
Me: Let me get this straight, if I move my money to another bank I can use their ATMs for free and also use your ATMs for free. But if I stay with WAMU I can only use your ATMs.
Him: Yes, that's correct.
Me: I'd like a cashiers check for the balance of my accounts and would like to close my accounts please.
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