Bank

[magid]

I've had my savings and checking accounts with Cambridgeport Bank for years. Now they're being eaten up by Citizen's Bank. I've heard that Citizen's has taken their ATMs off a local network, but other than that, have little information about them. I'm thinking that this might be the time to switch banks. I prefer smaller, local banks to huge conglomerates, partly just because I like supporting local businesses, and partly because smaller banks seem to treat their customers better.

I could stay with Citizens, or go to Wainwright Bank, which is looking to pick up some former Cambridgeport accounts. On the other hand, moving funds to Cambridge Savings Bank would mean I'd be using the bank that also holds my mortgage, which might be useful.

So, does anyone have recommendations for/against one of these banks, or have another suggestion I've overlooked?

Mood: not looking forward to changing all the automatic withdrawals and deposits

Comments

[mangosteen]

I've been a satisfied customer of the Happy Rainbow Bank (i.e. Wainwright) for about 3 years now. I've never had any problems with them, I like their foreign ATM policy (no charges from Wainwright at all), and their underlying financials are as rock-solid as it gets. They have no real impetus to be bought out by anyone.

[magid.livejournal.com]

No ATM charges from Wainwright? Sweet.

I hadn't realized before I got the letter that Cambridgeport was on the market, either :-(. I've had an account there for about a decade or so....