🚀 go-pugleaf

Patrick Coghlan (pcoghlan@noSpam.magma.ca) writes:
> In article <slrn6v8rc3.5c6.mcr@varrus.sandelman.ottawa.on.ca>,
> mcr@sandelman.ottawa.on.ca wrote:
>>   So far, ETrade with Canada Trust for basic stuff seems to be the solution
>> for me. No, it doesn't get me good online banking, but it does get me
>> good branch hours :-)

Yes, Canada Trust has good hours, but a very volatile environment.

Example:

A few years ago I opened a savings account for my son. Just a few 
hundred dollars, with deposits a couple of times a year, and no 
money going out. The account paid a couple of dollars interest a
month, but my son was happy to see his money grow.

On my last visit to deposit I noticed there were no recent 
interest payments in the passbook. When I inquired I was told 
that Canada Trust changed the rules and no longer pays 
interest on this type of account, unless the balance exceeds 
$3,000. I was told by the Customer Relations officer that 
Canada Trust only notifies customers of changes in service 
charges but not the elimination of interest payments 
- "it is up to customers to stay on top of the changes".