Date: 2011-10-14 12:56 am (UTC)
Re: Comerica Bank exec... About a week ago, I attended a conference hosted by the bank we use the most at work, and their top executive stated he sees about a 30% chance of relapse into recession, up from 10% not all that long ago. He says cooperation between the Dems and Reps is the key to avoiding recession and to fixing this mess. He avoided being partisan in his comments, which was refreshing (I'm sure I was in the political minority at this function).

Re: Bank Transfer Day. If you are in the DFW Metroplex, I highly recommend Texans Credit Union, as well as Bank of Texas. Bank of Texas is a regional bank, part of Bank of Oklahoma, which was the largest bank to not take TARP funds. I fired Chase and Bank of America for my personal accounts over the last few years, and the company I work for (where I'm the Treasury Manager) fired Bank of America a few years back. I'm on the verge of firing Chase, as well. (We are obligated to remain with some of the other large banks because of lender agreements, but I keep the minimum of accounts at those banks.) I firmly believe we CAN make a difference by refusing to use the big banks. Many regional banks and even some credit unions refund ATM fees now, so you can't even hide behind that excuse, and they all have good to excellent online banking. There is NO EXCUSE (other than if you have a loan that requires you have an account there) to use a big bank.
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