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Posts Tagged ‘banks’

Just to be clear…I do think there’s a difference between SunTrust and some other banks

Just to be clear regarding some of my recent commentary speaking out against SunTrust’s move to raise minimum checking account balances, I do think there’s a difference between SunTrust and some other banks. I certainly appreciated the captured remarks and headline, “SunTrust CEO Calls JPMorgan a `Black Eye’ for Banks” in the video from Bloomberg […]

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Sign a petition against SunTrust’s new increased checking account balance requirement

A petition has been created on the ForceChange.com site to protest SunTrust’s new increased checking account balance requirement.  Here is a direct link in case you’d like to sign-up/join in. While I mean no disrespect to the author of the petition letter, it does contain one sentence that I am afraid may fall upon deaf […]

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SunTrust’s increased minimum balance requirement backfires

When I received my SunTrust checking account statement a couple of months ago, I read a notice that it would be raising the minimum balance requirement from $500 to $1500 to avoid a fee; as an alternative, one could use a direct deposit arrangement.  I thought to myself, “here we go again” (as also observed […]

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