Saturday, June 29, 2013

You Can Bank On It

There seems something wrong when there is a bank on 3 out of 4 corners at a major intersection.  It occurs a lot on major intersections here in S. Florida.  Another thing that is bothering me about the banks is that that shortly after the "too big to fail" crisis, we suddenly started seeing a LOT of small banks with names - or just letters - that were not familiar.  The marketing behind this must be that we now like "little" banks and feel safer putting our money there.  However, I suspect that all these little banks are all owned by just 2 or 3 large bank corporations.  So many are fooled by marketing - it's sad.  I'll stick to my Credit Union where I don't necessarily feel my money is any safer - but where I don't pay any fees.  Your marketing magic has no effect on me.