So... qq... is this backed by a money market savings account?
Wells is closing out a couple of big mutual funds they picked up from acquired banks they were using to cover savings account interest. IDK exactly why; either it had something to do with Warren Buffet pulling out or they failed a couple key liquidity and investment risk measures last month- FINRA and the SEC are getting spooked.
And before you go shitting on Wells in general, they're the only bank left still lending to gunmakers and pro-2A businesses. They're also the only major bank that didn't collaborate with the Nazis, and I think the only one that waives account maintenance fees for US Veterans.
Not a shill, just been a WF customer for a really long time. My purchase history would have gotten me banned from just about any other bank.
Wells Fargo was excellent and I have close relative working there. We watched the fiasco with them not wanting to take obama bail out money- they did not need it. Were forced to take it and paid it back instantly but it put them under government rules.
I noticed after that it appeared they were set up by workers in CA doing the accounts opening without client approval. My opinion is WF got smacked down hard for doing above board business. Now they bow to every disgusting gender bending rule you can imagine. It is not the same bank.
So... qq... is this backed by a money market savings account?
Wells is closing out a couple of big mutual funds they picked up from acquired banks they were using to cover savings account interest. IDK exactly why; either it had something to do with Warren Buffet pulling out or they failed a couple key liquidity and investment risk measures last month- FINRA and the SEC are getting spooked.
And before you go shitting on Wells in general, they're the only bank left still lending to gunmakers and pro-2A businesses. They're also the only major bank that didn't collaborate with the Nazis, and I think the only one that waives account maintenance fees for US Veterans. Not a shill, just been a WF customer for a really long time. My purchase history would have gotten me banned from just about any other bank.
Feel the same, and I may have been banmed bexause of 2a purchases, hard to say. but I guess we will see how my new credit union does
Wells Fargo was excellent and I have close relative working there. We watched the fiasco with them not wanting to take obama bail out money- they did not need it. Were forced to take it and paid it back instantly but it put them under government rules. I noticed after that it appeared they were set up by workers in CA doing the accounts opening without client approval. My opinion is WF got smacked down hard for doing above board business. Now they bow to every disgusting gender bending rule you can imagine. It is not the same bank.
That kinda sucks to hear. I consider them to be the least of the evils, but I don't see any other choice (as far as large national banks go).
Well, until we see "Trump National Bank" or "America First National Bank". I really think that's in the works, no joke.