Reply #19: Credit unions are great alternatives. [View All]

[Nikki Stone1]

Bank of America still hasn't figured out how to merge their East Coast and West Coast systems so that money is available instantaneously. I'm on the West Coast: If I deposit cash money into an East Coast account of a family member, he has to wait a day or two for it to be available on the East Coast. On the other hand, if I deposit that same cash into my West Coast account, it is available immediately. B of A is a huge bank who is too cheap to merge their computer systems after over a decade: Sovran Bank (based in NC) merged with Bank of America (CA) in 1998. Sovran was the east coast, B of A was the West Coast. Sovran actually took over the whole company but got to keep the B of A name with the deal. The shitty service is actually Sovran Bank executives' fault. Ten years of two different computer systems on two coasts. And very poor customer service as a result.