Tuesday, October 21, 2008

3 banks in one city

Okay all, since I moved to DC I have had 3 banks, is that weird? When I first moved here I signed up with First Union (oddly I chose them because they sponsored a cycling event, I know I am strange). First Union then got bought out by Wachovia. I have had Wachovia for a few years now and have been quite happy with them. Then the mortgage crisis happened and hit Wachovia hard. Wachovia bought a bank in California that was chock full of bad debt and mortgages. After a short bidding war Wells Fargo bought them out. I am quite happy with this decision, mainly because when I go home out west I will have access to my bank, as now Wachovia is not there. Anyway, is it strange that I have had 3 banks since living in Washington, DC and I did not seek the change?

2 comments:

Maursupial said...

While living in the same house I attended 3 Elementary schools and 2 Jr. High schools. Like you, I didn't seek the change. Wierd. Good thing you like all three, eh? By the way, my bank was just bought out by Chase so I will have access to a bank when I visit back east. I have to look at it all shiny like that instead of worrying about the crappy state of the economy.

user said...

During these times, it's probably another frightening indictment of the state of our country (and by "another" I'm referring to that creepy old man in your last post!)