Quote:
Originally Posted by VRM
Oh, did you hear about one of our local banks (Sovereign) having a small run before being bought up by a Spanish firm?
Steve
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That's where I have my checking account, but its less than 100K (or 250K whenever that comes into play), so no worries here. I use their bill paying service on the web site. I really like it. No Robin Hood at Sovereign other than the free checking account min balance went from 10K to 15K about 6 months ago.
For the measly 0.000000000000000125% interest that they give on a checking account, the min balance for no service fees should be ZERO.