BANK BUST FRIDAY !!!!

[marmar]

April 29, 2011


Community Central Bank, Mount Clemens, MI
The Park Avenue Bank, Valdosta, GA
First Choice Community Bank, Dallas, GA
Cortez Community Bank, Brooksville, FL
First National Bank of Central Florida, Winter Park, FL


www.fdic.gov

[louis-t]

1. No, not Community Central! Shoot, a great local bank.

BoA gets more power. Grrrr.

[marmar]

2. I know. BofAs are like CVSes in southeast Michigan......

...... in fact, they're IN CVSes in southeast Michigan !!!!!

[louis-t]

5. Yes they are. Used to be in Total gas stations, then 7-11

now CVS. I gave them an earful the other day. I am behind on my mortgage with BoA. When I had them on the phone, I said "You know, it's ironic, isn't it? I deal with BoA in my business every day. They are so hard to deal with, they are slow, short sales take 6 months, getting mortgage approval takes forever. When they are the seller on bank-owned properties, they will not cooperate with the buyers' mortgage company, even if it's BoA. They are the ones delaying my paychecks, they are the reason I am late with my payments."

[ixion]

3. This party has been going on for a long, long time

it's a sad and sardonic celebration, at the end of which, the only players left are the 'too-big-to-fail' criminals who started the mess.

[xchrom]

4. Recommend

[SheilaT]

6. I know absolutely nothing about these banks,

but my now ex-husband did banking software for about ten years. One of the things I learned then was that a bank MUST be able to balance its books at the end of every day. If a bank is out of balance for three days straight, it's taken over by the Fed.

Before I ever met him I had a job where I had a cash drawer, and I was never very good at cashing out accurately. I loved it every time we had a new hire who'd worked in a bank because they'd cash out correctly the first time, every time.