And now our bank is gone…
When I moved to this area in 1981 as an engineering student a bunch of banks came to the school to try and get students to open accounts.
I picked the one that was locally based and had a branch close to the school.
This was before ATM’s being available everywhere. I think there was only 1 in the city and you had to have that bank as your own. So, there was a need to go to the bank a lot and having it close was good for a student without a car.
I’ve kept that bank from then until this weekend.
It made it through the 80’s and 90’s when many of the banks were bought out, closed or shut down for corruption.
Now, after more than 3 dozen years with them, they’ve been bought out by another bank.
When the announced it they said it would “be seamless for customers”.
Over the last couple of weeks we’ve had new bank cards, checks, deposit slips and three pages of instructions on how to change our computer access to our accounts and bill paying.
Clearly they have a different idea of seamless than mine.
The only good news is the bank that bought them is another fairly small bank based in this state that has made it through decades of natural selection in the bank market.
Hopefully it will be another 3 dozen years before we have to go through this again.