🚀 go-pugleaf

In article <1992Mar25.012708.5827@ultra.com> jeffj@ultra.com (Jeff
Johnson) writes:
>
>Anybody want to summarize the fees for their bank? I've been at
Wells Fargo
>for 7 years, but I'm always looking for a better deal.
>
Here is a short summary of Security Pacific accounts.  Of course, in
the next few months they will be merging with Bank of America so who
knows how long this will be valid:
 
ValuAdded Checking:
 
  $11.00 per month service charge.
  Interest paid on minimum balance of $1,000.
 
Interest Checking:
 
  No service charge on minimum balance of $1,500.
    ($9.50 per month if less than $1,500.)
  Interest bearing.
 
Standard Checking:
 
  No service charge on minimum balance of $750.
    ($7.50 per month if less than $750.)
  No interest.
 
Discount/Student Checking:
 
  No service charge on minimum balance of $100.
    ($7.50 per month if less than $100)
  No interest.
  Limit of 10 checks per month.
  Limit of 2 NON-electronic deposits.
  Unlimited use of ATM's.
 
Other Charges:
 
  Stop payment = $10.00
  Insufficient Funds = $10.00
  Non-Security Pacific ATM use = $1.00
 
----
As far as I know, none of the checking accounts have a per check
charge.  The bank seems to prefer not to return your checks (they
call it "Check Safekeeping" and will give free copies of your checks
upon request [if they cannot provide a copy of the check, they agree
to pay any monetary damages that arise as a result]).  However, I
believe that in all of the accounts except "Discount/Student" you
can request to receive your checks--free of charge.  But they really
push the Check Safekeeping.
 
All in all, I guess the fees aren't that bad.  However, I've gone
through quite a few hassles getting my accounts straightened out.
They (Security Pacific) seem very unorganized.  The latest fiasco is
that I opened an insured money market account.  Since this is
technically a checking account (limited to 3 checks per month) they
made me get another ATM card for it (I also have interest checking).
In other words, I have to have two Security Pacific ATM cards (one
for checking and one for money market).  That's inconvenient, but
what's even worse is: 1) I had to go to the bank to start the money
market; 2) They then had to send my new ATM card through the mail;
and 3) When I got the card in the mail, I had to return to the bank
to get it activated.  Very silly.


-- 
Steve Linke
University of California - San Diego
La Jolla, CA
Internet: slinke@sdcc3.ucsd.edu