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View Diary: Bank of America CEO: We have a 'right to make a profit' (285 comments)

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  •  Be careful there....BoA has (1+ / 0-)
    Recommended by:

    a nice website, where bill-pay is pretty simple, deposits can be made almost anywhere.  They invested a lot of money in that sprawling system to make it as simple as possible for people to forego knowing their local banker.....

    •  Is that really adding value for most? (0+ / 0-)

      I know I'm a bit of luddite in this regard, but I actually write a check each month for my bills.  I don't trust electronic systems or debits from my accounts.  It seperates me too much from the pain of spending money I shouldn't.  And that bill-pay isn't free is it?  The costs of paying my bills with checks is envelopes, postage, and my time to actually sit down and do it.  But I'm consciously doing this so I'm aware of my financial situation.  I realize there may be some situations where bill-pay is the most reasonable way to go, but still its a relatively new process that we lived without for 200 years in the US.  

    •  That's absolutely useless (0+ / 0-)

      when the site is down, as it has been A LOT lately. At least tellers have hours that you can expect them to open.

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