The Notorious Banker

Brian Moynihan was channeling his inner Dr. Cocteau last week when he announced at a conference that eventually he would like a "cashless society". What happened after those comments were made was simply astounding. Crypto advocates saw it as BofA coming to their side, and other news sources mentioned that cash is still king in a lot of places. 

But did he really mean what he said? I think so, but not in the way you think. He wants us all to be Swedes... What?

People think he meant crypto, but he really meant... your kids piggy bank? Machines that shake pieces of paper to eliminate people shaking paper deposits? Surge pricing for illicit purchases or late night purchases? Declining what BofA THINKS you don't need?

He who has the controls of Cashless Society can make the decisions. Your money is at stake, you should listen to this somewhat humorous perspective from someone who used to get bonuses for making you cashless!

Be well and don't violate the verbal morality statute! (Demolition Man reference). Links below

Yahoo article about Moynihan Comments

 https://finance.yahoo.com/news/bank-of-america-brian-moynihan-cashless-society-210717673.html 

Bitcoinist Article about comments (horribly slanted to be pro crypto propaganda)

 https://bitcoinist.com/ceo-of-bank-of-america-we-want-a-cashless-society/ 

Fortune article about comments with some interesting insight about where BofA is coming from

 http://fortune.com/2019/06/19/bank-of-america-ceo-cashless/ 

MY PATREON Page! 

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

http://www.patreon.com/whyyourbanksucks

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

Opening mentions the rescue of another $3000 with Vigilante Customer Service!!!

We take on Evil Zelle and Bank of America and win for Jessica and Aaron!!

Facebook gets into crypto!

The app known for sharing memes is about to embark on a journey to take on Big Banks. With Partners like Visa, MC, Uber, and Paypal, Facebook looks to be more than a time suck. They want to be your financial institution. Learn why I think toothpaste when I think Libra, and also learn why I think since BofA and Wells aren't partners, they will target those who use their banks for Libra just like they do for Crypto.

Also learn about Saturday's Target CC Outage, and how it gave me PTSD Flashbacks of the 2013 breach!

Learn how closures of banks will lead to clients without debit cards for weeks when it's found out that this was more than a maintenance error! Learn why press releases mean nothing here.

Facebook Libra Story

 https://www.cnn.com/2019/06/18/tech/facebook-libra-cryptocurrency/index.html 

Target Outage

 https://www.usatoday.com/story/money/2019/06/16/target-outage-caused-error-made-during-regular-maintenance/1471049001/ 

2013 Target Breach

 http://techland.time.com/2013/12/19/the-target-credit-card-breach-what-you-should-know/ 

MY PATREON Page! 

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

http://www.patreon.com/whyyourbanksucks

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

 Today's Topic:

"Meet the new boss, same as the old boss"

ZELLE! We talk about an NBC Nightly News Segment outlining fraud and Zelle... Things I have told you about for weeks and months!

I play clips of the report, and give my honest feedback of it. Note: They missed one GLARING thing about Zelle's sucky-ness! You will hear me yell(e)!!!

Before that, in honor of Flag Day this week, I discuss how a Twitter Follower reminded me of an incident at my branch with our American Flag and Flagpole that will upset a lot of people. (Blame Management)

Plus, I respond to an email who claimed that I must've sucked at my job to be complaining about banks all the time now. I respond (Spoiler Alert: He's not totally wrong.)

Tons of bank smack talking fun in this episode. Our mission: To destroy Zelle and get it out of our lives!!!!!

MY PATREON Page! 

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

http://www.patreon.com/whyyourbanksucks

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more. 

 Less than a year ago, Chase decided to try to CON....(Cough)... convince millennials that they were cool by setting up a mobile app only bank account called Finn. Finn sounded like the kid with the drugs at a party. It was cool for a while. Access to a lot of ATM's. Emoji (WTF?!?) used to help manage your money. Sounds neat-o, cool kids....

Then they realized only 47,000 people signed up for it, a lot of them mainly for the $100 bonus they were offering. To put into perspective, BofA has about 65,000,000 clients. Wow. What a bomb.

Today's podcast is about the failure of Finn, but more about why you shouldn't BS young kids who are fierce on social media about products and services and lose trust very easily. Learn how banks ignore the fact that young people CAN have a lot of money and a lot of reasons you should want them, even if they don't go to college. 

Learn how Chase probably did themselves a favor by giving these young cats a free account (for now) and invite them into the branch to learn more about the Finn expats.

OMG, this pod is all about DTF.... Umm.. Death to Finn. Pervs.

MY PATREON Page! 

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

http://www.patreon.com/whyyourbanksucks

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more. 

Part of my Podcast and Twitter Project has a goal: To get Zelle eliminated as a service option at all banks. It's a scary, scammy way that banks concocted to have people transfer money person to person.

Today's podcast will mainly discuss the lack of support that Banks have for fraudulent activity that happens to their clients using Zelle, citing their non-association (omg) to the third party application THATS EMBEDDED AND PROMINENTLY Advertised in their app and all their banks!!!!

Our voicemail caller Anthony, shares his ordeal, and how Host James Baca found a way to rescue his money from Zelle Hell(e). Also, how do I equate Zelle to the rise of the adult movie industry? What? James you are crazy.

It's a good listen about a bad product. 

MY PATREON Page! 

For as little as $1, you can help James Baca in his fight against big banks. For a little more money, you will get a lot of free swag from me :)

http://www.patreon.com/whyyourbanksucks

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more. 

I discuss National "I hate my gym" day, which was this past June 1st as people from all over the country paid an annual fee that they were never told about for a gym membership at Planet Fitness. Learn how banks treat these "Recurring Payments" and how, as an avid gym-goer myself, always saw the negative experience that both gyms and banks provided when an issue occured.

Plus we have two voicemails. One from old Friend Sean White and one from Porscha, who allowed us to help her with our vigilante customer service which allowed us to RESCUE $645 from Bank of America for her.. Learn how on today's show. 

Thanks so much for all the love and support!!!

MY PATREON Page! 

For as little as $1, you can help James Baca in his fight against big banks. For a little more money, you will get a lot of free swag from me :)

http://www.patreon.com/whyyourbanksucks

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more. 

Today's podcast is simple. 3 listeners emailed me with some questions, and I answer them about my project, Why Your Bank Sucks!

Emails include a question about what I have dubbed "Vigilante Bank Customer Service". I detail how I am rescuing money from big banks for my listeners.

I also announce the launch of my PATREON Page! For as little as $1, you can help James Baca in his fight against big banks. For a little more money, you will get a lot of free swag from me :)

http://www.patreon.com/whyyourbanksucks

Plus, a listener asked me  for a brief bio, which I give :)

I care a lot about my followers...my clients. I thank you and thank them for listening and contacting me!

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more. 

Bank of America celebrates it's virtual assistant, "Erica's" one year anniversary by giving a bunch of stats to the general public. Although the stats show that it isn't a success at all

Learn in this podcast that only 10% of the customers at BofA use the tool that will eventually replace customer service. You will also learn that a lot of people over 40 are not adopting it, which causes the long lines and poor service at understaffed branches. You will also hear how "insightful" Erica is about your money, and learn how 37 million people have mobile banking, yet 27 million use it. Those 10 million people... Hmm..Something unethical happened!

Also learn that Erica has jokes but barely tells them, and that Erica doesn't give a damn, or at least shouldn't give a damn about your birthday.

I waste a lot of breath talking about something that is a waste of phone space :)

Links included are BofA's press release and PDF about how "awesome" Erica is...

 https://newsroom.bankofamerica.com/system/files/Erica_by_the_Numbers_Infographic_%28May_2019%29.pdf  

 https://newsroom.bankofamerica.com/press-releases/consumer-banking/bank-americas-ericar-completes-more-50-million-client-requests 

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more. 

Warning: This podcast has a lot to do with death and planning for death as it pertains to finances. Very sensitive subject.

Today's podcast was brought on by some personal loss. I lost my Grandmother 3 days ago, and a Great Uncle a couple weeks ago. I discuss how an observation in my grandmother's house the final time I saw her brought on memories of how my former company, Bank of America handled deceased customers account.

Learn how the phrase "Eew" is apropos for their Enterprise Estate Unit (EEU) which handles their deceased clients accounts.

I share stories of customers I lost, and using those stories as examples for what you should do if you are preparing for end of life, or having a family member prepare for it.

THERE ARE 2 VERY IMPORTANT SUGGESTIONS TO HEAR IN THIS PODCAST!!!!

Learn how Bank of America held $29 for several months because my client chose to accidentally die in another state, and learn how Bank of America asked for a 40 year old death certificate from a person that was never technically their client.

This was a tough podcast, but I think you should learn something.

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more. 

Today we touch upon the interesting subject of being introduced to credit cards.

I discuss how my grandma overspending in the last 1980s was my first introduction to credit cards, and how her use shaped my life going forward. 

Then, I discuss the most interesting Bank of America story I read in a long time. Did you know that Bank of America invented the credit card? Did you know that Bank of America sent 60,000 credit cards with today's equivalent  of $4,000 on them to people who didn't want them, ask for them, or even knew they existed? Did you know they sent them to one small town in 1958 where people weren't as financially savvy as a big city would be? Did you know that although the initial project failed, it led to a world where we OWE BANKS NEARLY 1 TRILLION DOLLARS?

Poor Fresno, CA. They didn't know what hit them. I discuss how the hell something so bizarre in forcing credit onto people led to the way you now bank! It's an interesting listen to say the least. 

Works Cited:

 https://www.washingtonpost.com/archive/lifestyle/magazine/1994/11/04/the-day-the-credit-card-was-born/d42da27b-0437-4a67-b753-bf9b440ad6dc/?noredirect=on&utm_term=.8e14aad763cf  

 http://mentalfloss.com/article/63342/disastrous-story-first-credit-cards 

 https://www.mercurynews.com/2008/09/12/50-years-later-how-the-credit-card-has-changed-america/ 

 https://99percentinvisible.org/episode/the-fresno-drop/ 

Our podcast today is brought to by our friends at KASASA!

Visit KASASA.com for information about a bank in your area that has Kasasa checking, which is free checking where you can earn rewards. Learn more about their awesome products on their website. You won't go wrong! :)

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

ONE PENNY IS DONATED TO CHARITY FOR EVERY PODCAST PLAY!!! CLICK AWAY!!!

 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. 

  Books Coming Soon: "The Banker Dude Presents: Beer Money: Banking and Financial Tips for Today's Modern Man"  

"Bank of America Nearly Made Me Homeless (And I Worked There)" Status plus my Complaints book, "The Bank Screwed US"

ALL PROJECTS WILL HAVE A PORTION OF PROCEEDS DONATED TO CHARITY. VISIT http://www.whyyourbanksucks.com/charity for more.