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Bank of Choice - GONE

02 Aug 2011 19:51 #1 by Wily Fox aka Angela
Bank of Choice - GONE was created by Wily Fox aka Angela
We were notified today by mail from FDIC that Bank of Choice is now a Failed Institution. Bank Midwest, N.A. now holds our money. If you have accounts there, look for your mail. There are specific actions to take to claim your deposits.

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02 Aug 2011 20:01 #2 by mtntrekker
Replied by mtntrekker on topic Bank of Choice - GONE
Not familiar with Bank of Choice. Was there one up here? Sorry I am out of the country a lot so I don't always keep up with banks. And it makes me wonder if it can happen to Bank of Choice, what's the chance of it happening to other banks up here where I do have an account?
bumper sticker - honk if you will pay my mortgage

"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher

"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson

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03 Aug 2011 00:12 #3 by Local_Historian
Replied by Local_Historian on topic Bank of Choice - GONE
And to think I was going to move my bank account back up the hill to them...

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03 Aug 2011 06:19 #4 by LOL
Replied by LOL on topic Bank of Choice - GONE
I looked at them a year or so ago when they offered good interest rates. Their financial rating was not good then, so I passed. If you go to the bottom of the Denver post home page there is a link to a financial rating for all Colorado banks. Worth looking at before opening a new account.

http://www.denverpost.com/bankratings
If you want to be, press one. If you want not to be, press 2

Republicans are red, democrats are blue, neither of them, gives a flip about you.

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03 Aug 2011 07:23 #5 by Martin Ent Inc
Replied by Martin Ent Inc on topic Bank of Choice - GONE
Not a good Choice.

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03 Aug 2011 09:15 #6 by Wily Fox aka Angela
Replied by Wily Fox aka Angela on topic Bank of Choice - GONE
They were a great bank for us. We have banked with them for years. They offered checking without fees, paid good interest on checking account and nice folks worked there. Nice community bank. There are lots of small banks failing.

thanks for the link, Joe

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03 Aug 2011 09:20 #7 by hvgal
Replied by hvgal on topic Bank of Choice - GONE
Maybe we can move the hotdog back now:)

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03 Aug 2011 09:22 #8 by mtntrekker
Replied by mtntrekker on topic Bank of Choice - GONE
thanks for the link. checked my bank out. it would be terrible to be out of the country for awhile and come home to find it had closed.

was it difficult to get your money transferred to another bank wily?
bumper sticker - honk if you will pay my mortgage

"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher

"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson

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03 Aug 2011 09:23 #9 by Wily Fox aka Angela
Replied by Wily Fox aka Angela on topic Bank of Choice - GONE
The Denverpost site was annoyingly slow

here is where they got their links and this site has more available options to look at more things

http://www.bauerfinancial.com/home.html

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03 Aug 2011 09:33 #10 by mtntrekker
Replied by mtntrekker on topic Bank of Choice - GONE
Thanks for the link.
bumper sticker - honk if you will pay my mortgage

"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher

"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson

Please Log in or Create an account to join the conversation.

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