The Notorious Banker

Phenomenal Article in the Washington Post about Wells Fargo receiving scrutiny for the accounts yet again. In today's podcast, I discuss how I learned about the "Opportunity Checking" account as an employee of Bank of America, and how my homeless client told me about it. Learn how I actually opened the account for her, walking her through the application online. Learn how I understand how those at-risk will get hit with fees simply based on their preferences and spending habits. And finally, learn why I think a simple refund is more than a little complicated for Wells. Learn why I think they should refund every penny they ever charged.

Article:

https://www.washingtonpost.com/business/2019/11/21/lawmaker-seeks-details-about-problems-with-wells-fargo-checking-accounts/

Compare WF Accounts

https://www.wellsfargo.com/checking/compare-checking-accounts/

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://patreon.com/NotoriousBanker

Sponsors [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website http://www.notoriousbanker.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @BankBetterGuy - Running commentary with BofA clients and VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.

Note: 

This is not a real person. This is not real information for someone. This is a role play of a scenario that I would see as a banker at Bank of America.

Tina Jones

DOB 11-10-1986

1100 N. Main St Apt 1

Denver CO 80014

(303)555-5555

[email protected] (fake email)

Walks in 1 kid - Kalie (3-4yo)

Job: Waitress at iHop - No Direct Deposit available/paper check every week/worked there 2 years

Lots of cash tips - barely making ends meet/Minimum Wage for Waitress - $2.13/hr for tipped employees

Screwed up credit in college with a credit card we sold her over 10 years ago.

Wants to buy a house

Wants to save for Kalie's college tuition early on.

See how I use my bank skills, use the account opening my system, and a little empathy to get 4 accounts out of this lady. Learn how even though I was told that she doesn't have direct deposit, I give her the form anyway with "advice" on how to get money faster during tax time, which will benefit my bonus as well. Learn how we make a deposit into one account, yet move money all over to the other accounts to activate them for sales credit for me, and tell her to move it back, knowing it may never have money again.

Learn how I hatch a plan to use her 3-4 yo girl to be added to all her accounts to avoid the monthly fee, and to earmark 2 of those as "Kalie's college fund" which will give her no value at all.

Host Note: I was emotional and physically ill after recording this podcast. This took me to a place of sales pushing and "finding value" in even the most problematic of customers, and recommending 4 products when recommending a bank better suited for her needs is better. I will be doing more of these over time, different scenarios in order to help you realize everything about your interaction at a big bank is an upsell for more products. Please don't hesitate to ask me any questions about this process for any bank, I will identify the sales pitch for you!

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://patreon.com/NotoriousBanker

Sponsors [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website http://www.notoriousbanker.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @BankBetterGuy -  Bank Advice, humor, observations, deals and  VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.

https://twitter.com/roelofbotha/status/1196234200665346048?s=20

Roelof Botha, A venture capitalist, a former CFO of Paypal, and all-around majorly successful businessman, the type Bank of America should want announces on Twitter that Bank of America "fired" him as a client. Why? Who knows? The fact that Bank of America did this to one of the best and brightest caused millions of impressions of this tweet and thousands of rt's and comments. 

I tweeted some reasons that BofA normally "business decisions" people, and @BankBetterGuy got over 130,000 tweet impressions, nearly 100 followers and a lot of discussion in the last 24 hours. Simply amazing

This conversation has led to a bigger discussion as to why Bank of America does this to people less successful than myself or Roelof Botha. Thankfully starting a debate. I go on a 30m monologue about what happened.

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://patreon.com/NotoriousBanker

Sponsors [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website http://www.notoriousbanker.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @BankBetterGuy - Running commentary with BofA clients and VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.

First off, celebration time as @BankScrewedUs on Twitter reached 1,500 followers on 11-3-19.

 Amazing and THANK YOU

Today's Podcast is about the huge bank outages that happened at Bank of America and Capital One last week, and how they handled or didn't handle the issues.

Learn how Bank of America leaving for the evening allowed @BankScrewedUs to help dozens of people without their interruption.

Learn how Capital One admitted to their outage and took a lot of flack, despite owning up to the issue.

Learn the lame phrase Bank of America used to describe the outage and how they cut and pasted so many "I'm sorry" posts without ever actually saying anything of substance. Learn that it can happen again, and Why Your Bank Sucks will be ready

Story about Bank of America Outage: (Really the only one out there) by Sergei Klebnikov

https://www.forbes.com/sites/sergeiklebnikov/2019/10/30/bank-of-americas-outage-panics-consumers-heres-what-we-know-so-far/#1f1138b763a0

Capital One Story:

https://www.cnet.com/news/capital-one-fixes-system-wide-outage/

I also answer a listener email about the weirdest fee that Bank of America charges, and how it is meant to dissuade people from using checks.

Fun podcast, without the "technology issues". HAHA

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://www.patreon.com/whyyourbanksucks

Sponsors [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website www.whyyourbanksucks.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @bankscrewedus - Running commentary with BofA clients and VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.

Bank of America commissioned a survey a couple years back that has to deal with millennials and banking. It was published Feb. 2018 and CNBC did a report on it. For reasons unknown, it went viral on Twitter last week, leading to one of Why Your Bank Sucks Biggest biggest weeks ever. A couple hundred thousand twitter impressions later, we debunked the supposed "scientific" survey.

Learn how I worked as a banker in a college town where I never met one wealthy student. Learn how 300 millennials were surveyed, but it took Bank of America 3,525 times to get enough millennials to consider it a decent sample size. Learn how Bank of America polled millennials in major cities with a lot of high paying jobs to get the info they wanted out of the survey, and learn how all of this was just supposed to be a sales driver for bankers, and a "reality check" for millennials.

Bank of America twists the numbers to make them look like the caring older brother in another episode of "Why Your Bank Sucks"

https://www.cnbc.com/2018/02/05/1-in-6-millennials-have-100000-heres-how-much-you-should-have-saved.html?__source=twitter%7Cmain

CNBC ARTICLE

https://bettermoneyhabits.bankofamerica.com/content/dam/bmh/pdf/ar6vnln9-boa-bmh-millennial-report-winter-2018-final2.pdf

Propaganda Bank of America "Better Money Habits" Survey Data on Milliennials

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://www.patreon.com/whyyourbanksucks

Donate to Why Your Bank Sucks on Cash App $TheBankerDude

Sponsors - [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website www.whyyourbanksucks.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @bankscrewedus - Running commentary with BofA clients and VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.

Mark it down, October 22, 2019 at about 9am MT. Why Your Bank Sucks goes mainstream! LOL. Bank of America has a system outage impacting their phones, online banking, and worse enough, their debit card system, which is leaving people without their money nationwide. Twitter is on fire, as are we.

I break down a running commentary of the shitstorm going on with another more detailed pod to follow soon. If you need help getting fees back, hit us up on twitter or call our voicemail line 575-322-4127

@bankscrewedus

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://www.patreon.com/whyyourbanksucks

Donate to Why Your Bank Sucks on Cash App $TheBankerDude

Sponsors - [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website www.whyyourbanksucks.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @bankscrewedus - Running commentary with BofA clients and VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.

I'm back after Vegas and illness. 

Back to take on big banks BS.

First, I talk about how our Vigilante Customer Service rescued $21,000 from Bank of America for a follower named Royce.

Royce was a small business owner who had a great business going, until BofA saw him as competition and froze his account with his money in it, leaving it frozen for 3 months. We fought hard to get it back. I explain how!

Plus Bank of left a lot of cities in NM on November 1, 2013. I worked at one of the branches in Socorro, NM that got sold to Washington Federal because Bank of America claimed to be "successful in teaching residents about the benefits of digital banking. Learn how Bank of America spun the sale, and sold a bunch of banks to a smaller bank with lesser quality. Learn why my dream of being the manager of the Socorro, NM Branch will never happen because of BofA lies.

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://www.patreon.com/whyyourbanksucks

Donate to Why Your Bank Sucks on Cash App $TheBankerDude

Sponsors - [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website www.whyyourbanksucks.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @bankscrewedus - Running commentary with BofA clients and VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.

Wells Fargo names Charles Scharf as their CEO.

After months of debating whether they would think outside the box in hiring the next head honcho, which included token female applicant Cathy Bessant of Bank of America, Wells went with a man who was an "outsider" despite the fact he freaking ran VISA AND BANK OF NEW YORK. He must be like a TV rerun, if you haven't seen him, he's new to you.

Plus I will talk about the weird media blitz of Bank of America on pop radio stations all across the country and their HILARIOUS podcast network. I will discuss their lame attempt at content and I urge you to leave them a one star review!

Plus, I'm headed to Vegas, so info on upcoming episodes!!!!

MY PATREON Page!

For as little as $1, you can help James Baca in his fight against big banks.

http://www.patreon.com/whyyourbanksucks

Donate to Why Your Bank Sucks on Cash App $TheBankerDude

Sponsors - [email protected]  - Advertise your business with a growing, cutting edge podcast.

575-322-4127 is our voicemail line to share your bad banking experience. 3 min limit.

Our website www.whyyourbanksucks.com for more info on our podcast, store, sponsorship info and much more!

Visit our Twitter Page @bankscrewedus - Running commentary with BofA clients and VIGILANTE CUSTOMER SERVICE

& Host James B on Twitter @jamesbisright.