Changing from a big bank to a local bank
![]() A long time ago, in what seems like a galaxy far, far away, I commenced a banking relationship with a local bank called Standard Federal. At the time my then employer worked out a pretty good for employees if they switched over. I liked the bank, liked the service, and liked that fact that it had a long history in Southeastern Michigan. Sometime thereafter, Standard Federal was re-branded to become LaSalle Bank, and in 2007, Bank of America bought LaSalle Corporation and took over its banks. I didn't think about it in terms of anything other than a name change until the financial crash, reports of financial shenanigans and wrongdoing at Bank of America, and my own experience with an obnoxious and annoying BofA employee. Meredith and I no longer have the level of comfort patronizing BofA than we did before these things happened. I love the online bill paying system, but that is not enough of a reason to continue to patronize a large national bank that exhibits little appreciation for ethical and moral business practices, and at times shows contempt for its customers. We are now thinking of switching over to a local bank. The question is, which one? What local/regional bank do you use? Why? Let us know who you think we should switch to in the comment section of this post. |











