Have you had better experiences with a relatively small bank or a large one?

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6 Answers

Didge Doo Profile
Didge Doo answered

Small. I've been using a credit union since the 1960s. Service is better, fees are lighter.
The interest is lousy, though, so I use a large bank for my "rainy day" account.

Jann Nikka Profile
Jann Nikka answered

Small bank. Headquarters are about 25-30 miles from me. Customer service is excellent. I get a call if anything "Looks" suspicious on account and any mistakes or errors are immediately corrected. Calls are returned within 4 hours. They all know my name and their glad I came. 😄

Virginia Lou Profile
Virginia Lou answered

Dear Zack,

I have had really good experiences with both small and large. I was with Wells Fargo for a couple of years, for example, and they did an outstanding job for me, as did Washington Mutual.

I try to go with the small banks, however, conservative fiscal approach, not buying into the wild derivatives and such that ran the economy off the cliff in 2008.

I am now with an Iowa bank that has been around small for a century...   again customer service excellent, resolving all the banking issues while        I was homeless... even though I may never live in Iowa again, I will stay with them as long as I can.

Rooster Cogburn Profile
Rooster Cogburn , Rooster Cogburn, answered

A small bank for sure ! I'll never use a Wells Fargo or one of those again. On the rare times I go in this bank they treat me like a real person and not just another number.

Darik Majoren Profile
Darik Majoren answered

Depends on WHAT you are using them for. I have found that Credit unions give the best interest rate when purchasing a used car.

Bigger banks give better home refinancing . . . Hey, I married and accountant so we dabble in both . . . No need to have all your eggs in one proverbial basket.

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