I agree that Pepsi Blue is rancid. It's awful. I don't like Pepsi anyway, but jeez Louise. Why does Pepsi Cola have to fuck with the colors of thier soda anyway? To make thier already nasty product more intresting because people are getting bored with it?
I remember Crystal Pepsi and that sucked. Pepsi Blue is also bad. What's next? Purple-si? Christ Almighty.
I'm pretty much stuck with Royal Bank for now, in Montreal. The other banks are no better.
On the one hand, there are a lot more options in the US... but if the bank hasn't been around for at least a decade, you're risking a Savings and Loan fiasco.
Not true, if a bank is a member of the FDIC (Federal Deposit Insurance Corporation) your money is protected (up to $100,000) no matter whether the bank has been in business one day or a hundred years.
The Savings and Loans debacle happened because the majority of them did not carry the insurance. They gave better rates than banks so people would use them but many people were unaware of the protection they got from the FDIC. Because of the FDIC, banks in the U.S. have been stable since the 1930s. The fact banks were stable gave people a false sense of security. They assumed that the S&Ls would always be stable too, but they didn't acknowledge that banks were stable *because* of the FDIC, a protection not available with S&Ls. That's partly why the federal government bailed out the S&Ls - consumer ignorance and deceptive practics by the S&Ls (a big part of it was political because of who ran the majority of the S&Ls).
Savings & Loans now do carry FDIC insurance. There are only 6,000 banks & S&Ls in the U.S. that are not protected by the FDIC which is a relatively small number (plus they are state-chartered banks so they do have some protection, but how much I'm not sure). Put it this way, I've lived in the South, the Midwest and now New England and I've never actually banked anywhere that wasn't protected by the FDIC.
Royal Bank blows. Well, east of Manitoba they blow. My dad works for them in Winnipeg and I only ever had one weeny problem there. I had wonderful service in Crystal City, and wonderful service in Regina.
Two branches in Fredericton made me so mad I was shaking and another in Oromocto was no better. I could rant for days, but I won't.
On my dad's advice I took every last bit of my business elsewhere. Savings and Chequing accounts, mortgage, credit line, Visa, RRSPs... you name it, it's GONE.
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timeasmymeasure
no subject
Date: 2002-09-14 02:28 pm (UTC)Royal Bank is as helpful as a hole in the head.
Re:
Date: 2002-09-14 02:30 pm (UTC)no subject
Date: 2002-09-14 02:54 pm (UTC)What does Pepsis blue taste like?
Re:
Date: 2002-09-14 05:08 pm (UTC)no subject
Date: 2002-09-14 03:33 pm (UTC)I remember Crystal Pepsi and that sucked. Pepsi Blue is also bad. What's next? Purple-si? Christ Almighty.
Re:
Date: 2002-09-14 05:11 pm (UTC)no subject
Date: 2002-09-14 03:42 pm (UTC)On the one hand, there are a lot more options in the US... but if the bank hasn't been around for at least a decade, you're risking a Savings and Loan fiasco.
Re:
Date: 2002-09-14 05:10 pm (UTC)no subject
Date: 2002-09-15 08:37 am (UTC)The Savings and Loans debacle happened because the majority of them did not carry the insurance. They gave better rates than banks so people would use them but many people were unaware of the protection they got from the FDIC. Because of the FDIC, banks in the U.S. have been stable since the 1930s. The fact banks were stable gave people a false sense of security. They assumed that the S&Ls would always be stable too, but they didn't acknowledge that banks were stable *because* of the FDIC, a protection not available with S&Ls. That's partly why the federal government bailed out the S&Ls - consumer ignorance and deceptive practics by the S&Ls (a big part of it was political because of who ran the majority of the S&Ls).
Savings & Loans now do carry FDIC insurance. There are only 6,000 banks & S&Ls in the U.S. that are not protected by the FDIC which is a relatively small number (plus they are state-chartered banks so they do have some protection, but how much I'm not sure). Put it this way, I've lived in the South, the Midwest and now New England and I've never actually banked anywhere that wasn't protected by the FDIC.
no subject
Date: 2002-09-14 04:06 pm (UTC)Two branches in Fredericton made me so mad I was shaking and another in Oromocto was no better. I could rant for days, but I won't.
On my dad's advice I took every last bit of my business elsewhere. Savings and Chequing accounts, mortgage, credit line, Visa, RRSPs... you name it, it's GONE.
Fuckers.
Re:
Date: 2002-09-14 05:13 pm (UTC)