The Chase / WaMu Merger
Perhaps a rush to judgment…
Last week I published a post with some gripes about banking with Chase (once they finally assumed operation of the old Washington Mutual branch).
It’s quite possible that my observations may have come across as a bit harsh. Let I explain:
- For one, the staff and tellers at all Chase banks have always been helpful, friendly and courteous. Zero complaints.
- Another aspect I didn’t take into consideration was the slight “transition period.” For the week or two after the switch was made – tellers at the converted branch were encouraged to take their time in order to ensure transactions were done properly. Which is to the customer’s benefit – as errors may have caused unnecessary delays on client funds.
- Lastly – while I was complaining about one checking procedure – I realized that Chase has one of the best “hold times” in the industry. Just 24 hours deposited check funds are held – which is substantially better than other banks (like the Provident 12 day hold time! WTF!)
So I’ve decided to stick with Chase for the foreseeable future.
See original update after the jump…
I have a simple question for all the readers today…
Notice a change at Wamu/Chase?
I’ve always been a customer of both Washington Mutual (business) and Chase banks (personal). I particularly enjoyed doing business with WaMu – because of the ease of each transaction. They were swift, accommodating, and had very few restrictions. I rarely did much with the Chase branches other than make deposits…
However, since Chase swallowed WaMu – I’m not a happy camper. Things have become more “controlled.” The lines are dreadful (uptown). The restrictions stink (I cannot get cash back when depositing a business check – I have to perform an entirely separate transaction – inefficient!) So much for government interaction.
I’m looking to move all my accounts somewhere else – despite it being a massive pain in the neck (Changing all my EFT’s, online subscriptions, etc.)
What is the best overall bank in Hoboken?
And I mean for both business AND personal banking. Consider everything. The online banking. The free services. The branch hours. Staff. Simplicity. And everything else.
Is there a clear winner for best bank in Hoboken?