Credit Cards Next On Block

[StMark]

Originally Posted by George

I used to have AMX years ago and I did like their billing and record system but, I found some places where I frequently shopped that wouldn't accept AMX. I finally cancelled the account and strictly use my debit card. I can print out the ledgers online and it works for me.

On another subject, I moved my business accounts to a small bank. They gave me binders when I opened the accounts and the statements are mailed already three hole punched with photos of all checks and deposits. It is so much nicer than the big-time lousy service bank I left. My accountant loves it.

George,
It's not wise to do business with small banks. In a reccession and definitely in a depression, they are likely to go under. Many Local banks
are going bankrupt and more will do so in the days ahead.

Wells Fargo is the best bank in the USA. they are one of the few banks
that went unscathed during the depression. They are also listed as
one of the top 10 banks in the world! ( the only one in the USA that
made the list).

[Jermyn Davidson]

Originally Posted by StMark

George,
It's not wise to do business with small banks. In a reccession and definitely in a depression, they are likely to go under. Many Local banks
are going bankrupt and more will do so in the days ahead.

Wells Fargo is the best bank in the USA. they are one of the few banks
that went unscathed during the depression. They are also listed as
one of the top 10 banks in the world! ( the only one in the USA that
made the list).

St. Mark, good advice, but not applicable to our current financial crisis.

In fact, the smaller, local banks are doing fairly well. So are credit unions.

Neither of which entangled themselves with the bad loans on a wide scale in the first place.

[StMark]

Originally Posted by Jermyn Davidson

St. Mark, good advice, but not applicable to our current financial crisis.

In fact, the smaller, local banks are doing fairly well. So are credit unions.

Neither of which entangled themselves with the bad loans on a wide scale in the first place.

wrong. 22 small banks have gone under this year and more expected in "09.