I couldn’t agree more. I don’t know much about European banks, but the American ones are some of the worst companies in the world, since 1999 when they cancelled the depression era rules that prevented them from operating nationally and mixing investment and commerical banks, and importantly where they cancelled a provision that the writer of a security, like a mortgage, had to hold a percentage of that security until maturity, to give them incentive to write good loans and not fob them off on suckers.

It worked, until they cancelled it. Big banks gouge us with fees, they try to overdraft us. I always canceled overdraft protection and they reinsitute it every year without explicitly telling you. If you depositing money, then made withdrawals, they would not clear your check, for the purposes of charging you multiple overdraft fees after 2008. Like normally a paycheck would be available at least party right away, but they were maximizing fee revenue, and made billions extra in fees after 2008 when our tax dollars bailed them out for their perversions of the market.

I use credit unions, I can’t overstate how much I hate big banks, for so many reasons.