The Notorious Banker

Thanks for the love! 3150 Followers on Twitter @BankBetterGuy

I discuss Bank of America's 15 year tumultous run in Chicago, and how a lot of my work seems to always lead to horrible unethical banking in Chicago, a city I love.

Nicole Scammed With Zelle Through BofA (And Didn't Get Helped...)

Another One..

Plus the newest one in Crain's Chicago Business (PAYWALL) where the author accurately details another couple of closures, and the bullshit excuses that BofA spokespeople use to justify the closure, displacing thousands of clients!

Also, we talk about how a listener/follower of mine is having an issue with BofA in Chicago because of neon green lights. Mike used Twitter and TikTok to discuss how an electric vehicle station that BofA installed is shining horrible green lights into his family's apartments.. I discuss why the EV station exists, the mindset as to why they even have it there, and basically pointing out what Mike should do.

Plus:

Listener questions about selfish roommates revving up an electric bill and the reasons I believe my prediction that BofA will close 25% of branches and lay off 25% of staff.

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

VM - 575-322-4127 (3M MAX)

All My Links HERE

I discuss the Tara Siegel Bernard article in the NY Times about how certain banks are changing their view on overdraft fees, offering alternatives in light of Ally doing away with OD fees.

The main thing I discuss is the Balance Assist program from Bank of America, how it is actually impacting more people negatively because of its rigid terms. I also discuss how the numbers show that OD fees impact a disproportionate number of POC and lower-income people. Plus we get into the 2017 Washington Post Article where we find out the former CEO of TCF Bank named his boat "Overdraft"....Sigh

I also discuss an elephant in the room: That smaller banks make a bigger portion of their revenue on overdraft fees, and we discuss how this needs to be addressed as well.

Then, I talk about a listener question regarding finding ways to be able to purchase a car when your budget doesn't allow it. I get into a frank discussion about secondary and passive income, especially these days where collectible markets are rising, onlyfans is prominent, and Twitch gamers make thousands.... Mainly I discuss the benefits of donating plasma is cities where a center is available. I discuss how it supplemented my income, and then became a full-fledged part of how I piece together my budget, and I discuss plans for the listener on how he can tackle this hurdle. I love talking about issues like this, because I found myself in them often growing up!

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

First, I talk about my upcoming food drive where we are donating breakfast essentials to needy kids of southern NM and anything you contribute to TNB will benefit them greatly. I am giving 50% of it to charity!

More info here

Patreon.com/NotoriousBanker

or CashApp/Venmo - TheBankerDude

Then, I discuss what is going to be an upcoming feature to this podcast. So many people reach out to me for basic advice on how to save money, save for something big or pay bills effectively. I am happy to announce that I will be doing a weekly financial advice segment to help my listeners and followers figure out their money a little bit better.

A conversation with my brother after the passing of my niece really triggered my desire to have bank conversations again.

Phone line: 575-322-4127

email: [email protected] or [email protected] and we will get to your questions! I am going to have a lot of fun with this.

Plus, an article in Business Insider from Dakin Campbell enlightened me and made me cry crocodile tears for the infamous BofA home loan staff. Many are quitting because of increased duties, cuts in bonus money and elimination of commission which will infuriate the sales staff who cherry pick who to help, burning poor homeowners in the process. I discuss the article, some things that weren't 100 percent right with it, some that were, and how BofA is monitoring their staff by recording their sales calls.

I also talk about how the $25/hr min wage plays into this discussion!

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

Dedicated to the Memory of my Niece Ariya, who passed away last Sunday. She gives me the strength to fight for people every day, because she was such a fighter.

Today we talk about some big wins for consumers:

First, Online bank Ally announced last week that Overdraft Fees are going away! They made the announcement and was met with widespread praise online.

Of course, Ally was once GMAC, named after one of the biggest companies in the world, but I am not knocking it. What their people said about why they are doing this elimination of fees hit the right notes, and it will serve as a mandate for other big banks to follow suit hopefully. I talk about how although only about 20,000 customers of theirs overdrafted, and it likely didn't cost them much money to do this, it's still HUGE.

Plus we talk about a federal judge in California slapping an injunction on BofA for California Unemployment EDD and how it's going to help 1000s of people access their money faster. I discuss how the bank has used their fraud algorithm to screw over so many people and use it to avoid refunding fees as well. I also talk about a certain employee speaking for Bank of America who has a SEVERE CONFLICT OF INTEREST in this story and it seems like no one ever talks about it. I do...

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

Thanks to all my followers and listeners who have supported me in the last week.

I talk about several things in this podcast:

First off, my quest to be verified, now that Twitter has reopened verification applications, and how this will help the podcast.

Plus

I talk about the HILARIOUS Senate Banking Committee hearing on big banks helping during the pandemic. We discuss a lot of the topics they talk about, plus a lot of the lies they told.

Then.

The most hilarious one where NJ Senator Menendez asks Brian Moynihan, CEO of BofA if they offer a no-cost, no-fee alternative for unbanked customers and he responds by saying they do, and it costs $5/month lol.

Next topic: 1 year after George Floyd, big banks made a lot of big promises. We will talk about how banks are still absent from a lot of the conversation about race, mainly because it exposes their issues.

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

Breaking News as Bank of America ONCE AGAIN announces a starting wage increase. Last Year, they got to $20, and this year they announce an increase to $25/hr by 2025. 

While it sounds all well and good, I discuss how this means THE END of tellers as we know it, as everyone on the branch level will be a skilled salesperson. I talk about the immense pressure that will only get worse as the wages go up. I also talk about how there will seemingly be mass layoffs and more closures of branches.

I also talk about how the branch managers of the world and people above the basement at BofA will actually not get as hefty an increase which will lead to those people leaving, to replace them with newcomers who start at $25/hr.

I then talk about an interesting aspect of this, which is Bank of America mandating their "vendors" pay a $15/hr wage as well. This can be construed as Bank of America believes the minimum wage will be $15/hr at some point, as a lot of vendor employees make $9-$10 an hour now. I also talk about the small, mostly rural areas where these vendor call centers operate may close or end their contract with BofA as a result of this mandated "pay hike". Curious to see how this impacts service as well.

So much to talk about in so little time. Check it out and let me know what you think!

Bank of America News Release

Hugh Son's CNBC Article

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

First off, 

I am proud to announce with your donations to my Patreon, CashApp and Venmo, The Notorious Banker is donating his body weight in food. That's 310 lbs of food for the needy in Southern NM. The food will be given to Casa de Peregrinos in Las Cruces, NM. I am so excited and THANKFUL for your generosity, which allows me to be generous as well.

Today's podcast we discuss an interview with the New Buffalo Market President of Bank of America who said the quiet part loud and basically confirmed what I have been talking about for over a year. He discusses how closures of branches are strategic to focus on "Non-retail" concerns. Non-retail = Rich people and business and not you.

I discuss all the corporate buzzwords he uses, some of the more annoying things he talks about and his love of the word "needs".

Read the interview in FULL. Support Journalism!!!

Plus:

I discuss the recent protests of Line 3 at Major Banks nationwide. I will be honest and wasn't too familiar on what it actually was. 

Here's a good website to understand what it is..

Tweets of some of the protests:

1

2

3

Basically, I discuss how protests of corporate branch decisions are done incorrectly at the branch, and how that actually lessens the voice of those protesting, and actually puts innocent employees of the evil big banks in peril for no reason. I talk about past incidents I was a part of and how to properly project your voice to a big bank.

There's also a Clint Eastwood rant in there... Watch The Mule...It almost got me written up from work. LOL.

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

I discuss my COVID Vaccine experience in a small pharmacy in Las Cruces, NM and despite how bizarrely set up the drive was, I felt that it was 100x better than big bank efficiency is today. 

I give a detailed play by play of how that went and how I missed good customer service. I also talk about how some processes can be much better at the bank as a result.

I also allude to a news story about BofA asking employees to volunteer their vaccine card when going back to work and why it sounds like a trap.

Plus I talk about recent reports of BofA branches in Syracuse and Buffalo are either "temporarily closing" or permanently shutting down, and we discuss why one of the biggest population centers in the world is losing its big banks because of "unprecedented times"

Then finally.. and email question from Jessica!

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

I also talk about how Bank of America never mentioned there was a glitch on social media, in a press release or in phone calls to clients.

1

Tiktok I did that day

Plus, I talk about Alex Sammon's article in The American Prospect about Overdraft Fees during the pandemic.

READ IT!!! SUPPORT ARTICLES LIKE THIS!!!

I discuss the numbers in the article, also talk about how while OD Fees were insane during the pandemic, I think the reason we are talking about them more is because more people finally tasted what it was like to get fees. I discuss that despite accounts that disable OD Fees, Bankers goals and lack of discussion about terms either by customer or banker leads to issues.

I also ponder my theory that because of the cost of dealing with habitual overdrafters, that banks are doing what they can to push those people out as it costs more to service them on top of refunding the fee!

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)

Opening:

I talk about earnings at JP Morgan Chase and Wells Fargo being INSANE so far, with Bank of America to come. It's asotounding.

2nd Segment:

I talk about the death of Bernie Madoff and I spent 20 minutes talking about how excess is toxic in finance and how he spent a lifetime cultivating a story and a lifestyle to impress people, including women.

Some items of Madoff Auctioned off after his conviction!

3rd Segment:

I talk about the shitty situation my unemployment situation is. Wells Fargo runs state of New Mexico's UI system, and I am experiencing very Wells Fargo things. I called the 1-800 over 1000 times over a year, never getting through, and my wife gets through within 5 calls on my behalf. I submit my IDs and I expect a quick decision, and then as of today, I got to reapply, and all of a sudden the $17,000 balance isn't there, and I am freaking out. Pray for me! :)

4th Segment:

I talk about Bank of America exploiting a $1,000 Donation (It's not a donation when you exchange money for product) to the Girl Scouts of America and how the news article exploits it as well, basically making an ad for Bank of America in the process!

I discuss the total exploitation of a girl scout video to hype up the donation as groundbreaking when it was just a normal purchase, as Bank of America touts all these virtues they are teaching the girls by just handing them the money. Plus, I also get into their alleged donation of "SOME" cookies to the Bakersfield Homeless Center, which is tone deaf af. Give them socks, toiletries, real food, not cookies!

Twitter Exploiting by Bank of America Manager of the Girl Scouts

I also talk about BofA Employees in Visalia, CA who donated 800 feminine hygiene products to a woman's shelter, an INCREDIBLY noble cause and I am glad they did that. But it was the EMPLOYEES who did it, not the bank... Cue Bank of America exploiting this to the Nth degree and basically making a mountain out of a topic that frankly needs to be discreet based on the nature of the place they donated to. I talk about how Bank of America can and SHOULD do more that Tweet about it.

Twitter Exploiting of Feminine Hygiene Products by Bank of America Managers

All My Links HERE

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

TheNotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

The Notorious Banker is on TikTok - @NotoriousBanker - 5600 FOLLOWERS

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

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

VM - 575-322-4127 (3M MAX)