kamalktk said:theficus said: My cash balance, however, is negative $888,888.88.
If you're chinese and superstitious, you've hit the jackpot, eight 8's!No, no, no, it's NEGATIVE $888,888.88. That's bad luck.

scott1961 said:Don't want to derail your thread but you are accusing a bank of something pretty serious by saying they called you a "Racial Slur" That's the only reason I'm interested in the context of it. I have moved over a half million out of BoA in the last month without any issues, Must be because of my nice Jewish name?You are very white. I saw your pic on the official fw pic thread. I saw Eddie Murphy on saturday night live, and banks treat white people better than they do non-white people. Except BoA which caters to illegal immigrants. That's my story and I'm sticking to it. I wish OP the best of luck and welcome him to try his banking at a reward checking institution where they welcome the poor, the tired and the huddled masses.

Reward Checking Accounts Open to All Thread

Did you pay Child Support??

theficus said:I'm considering the following options:

1.) Suck it up as a lesson learned, never deal with Bank of America again, and move my money to another bank. This is the path of least resistance. What other bank, however, offers all the integrated services I had at Bank of America? I liked the convenience of having my deposit, brokerage, and credit accounts at the same institution.
2.) Write a letter to the executive department, contact a lawyer, and pursue legal options. This might get me everything I want, but at what cost (time and effort-wise)?
3. Keep calling until I speak to someone who will do more than call me names and hang up on me. I might get the immediate satisfaction of feeling like I'm doing something, but I doubt I'll get anywhere.
What is my best option?
I dont think (1) and (2) are mutually exclusive. Move to a different bank and still pursue your legal option, if you want. I dont see what good (3) is going to do.

I still dont see why you are still considering the option of sticking with BoA, if they will give you a chance? There are several other banks/brokerages that offer these services (e.g. Fidelity, Wells Fargo etc.). It is not a good idea to have credit cards from a single bank; have a few spread among some big banks and 1-2 local banks/credit Unions.

theficus said:What other bank, however, offers all the integrated services I had at Bank of America? I liked the convenience of having my deposit, brokerage, and credit accounts at the same institution.The benefits of integrated services don't seem to outweigh the risk of having all your eggs in one basket. By using multiple financial institutions, you are also free to take advantage of the best products available on the market. As long as all your accounts support ACH, it's a simple matter to move money around.

theficus said:I'm considering the following options:

1.) Suck it up as a lesson learned, never deal with Bank of America again, and move my money to another bank. This is the path of least resistance. What other bank, however, offers all the integrated services I had at Bank of America? I liked the convenience of having my deposit, brokerage, and credit accounts at the same institution.

2.) Write a letter to the executive department, contact a lawyer, and pursue legal options. This might get me everything I want, but at what cost (time and effort-wise)?

3. Keep calling until I speak to someone who will do more than call me names and hang up on me. I might get the immediate satisfaction of feeling like I'm doing something, but I doubt I'll get anywhere.

What is my best option?

Personally I would pick #1. Move on and reduce the stress in your life. How about Fidelity?

Maybe in a few months you can apply for a BOA CC and then on the third Tuesday of every other month buy a pack of gum

Who'd I contact

Comptroller for the closing of the account
SEC for the closing of the brokerage
ACLU for the slur (Note: It doesn't matter what the slur was. If it was personally insulting, then it shouldn't have happened).

I'd apply for a LaSalle account while it's not yet integrated into the BofA system. And I'll see from there.

There's really nothing you can do legally about the situation about your BOA accounts because they can cancel the relationship between you for any reason. It says it when you signed the contract with your bank.

You can probably write a letter in a polite way to their corporate office and tell them about the situation to you and any issues with the racial statements if possible. Tell them that you can't recommend Bank Of America's services to your family and friends because of the way they treat their customers.

Now if he was Black he could get Jessie and Al after them, They would love to shake down a bank BoA's size