kittybratt Wrote:
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> I saw that shop and found nothing wrong with it.
> I just did an account opening for that same
> company. If I had that bank, I would do the shop.
> $30,000 in this economy is not that much money.
A lot of that depends on what part of the country you are in. 35+ years ago when I lived in NYC my rent for a crummy little 1BR apartment was close to $800 per month. I moved to the Chicago area where I bought a 3BR house in the suburbs with a monthly mortgage payment of around $450, but heating the place and other costs of ownership got it to around $1000 per month average. Now I'm in an area where the cost of living is a whole lot lower overall so 35+ years after NYC my total monthly housing expenses are about half what they were in NYC. Meanwhile I'm sure I could not touch that crummy little 1BR apartment in NYC for anywhere near $800. $30,000 as an 'emergency fund' would handle several years of living expenses here or one major uninsured loss (which is why we buy insurance). So if I were going to keep that kind of money in a bank it would be in the form of laddered CDs with various maturity dates, not in a checking account.