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I've been a Wells Fargo bank customer for over 15 years. My wife switched over when we got married about 10 years ago. Generally, it's fine, no major problems for us with banking services over this time. Currently have 2 checking accounts and a savings account with WF.

After the first (and expanding) scandal of opening fake accounts on behalf of customers, my wife and I considered switching banks. I called WF and hadn't had any fake accounts opened, and when I started the process of considering other banks, it just started to feel like too much of a pain to switch everything (direct deposits, automatic payments, etc). I also thought to myself, "Well, this is such a big F up, there's no way something like this could happen again and they'll over compensate." So, we kept our money there.

Now, with the new foreclosure scandal, it's feeling like time to change. Increasingly difficult to justify staying with WF. So, looking for advice, where should I look for new banking services, what are best features of daily banking, any recommendations, and any advice on how to switch everything efficiently (making sure I don't miss anything like automatic mortgage payments, etc)?

EDIT: I love the internet. Awesome advice here. Key takeaways: (1) it's time to leave WF and I need to stop being lazy about it; (2) transition the move to be safe; and, (3) online or credit unions are the way to go. Thanks, all.



Submitted August 10, 2018 at 12:04PM by bmorebill https://ift.tt/2OsenuC

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