Seeking a smaller bank...
I am no finance expert. But I know enough about economics to be not-so-thrilled with my bank suddenly becoming one of very few large banks in the U.S. (less competition being not so good for the consumer and all). I know there are community banks and credit unions and am 100% sure I want to switch. Not because I think my money isn't secure (grasping the FDIC thing and the max insured amount, which we're well under), but just have an urge to go small, go local.
Yeah, I'm likely not the first to have this urge, but I'm ready, as complicated as it's gonna be to transfer the whole kit-and-kaboodle (direct deposit, checks, ATM locations & cards, to name but a few). Thanks to OPB's Think Out Loud crew for covering this one from the local angle a few weeks ago.
So my question is this: do you bank at a small community bank that you'd recommend, where you think there is some real, maybe even deep respect for the community, the every-day customers? Where we can all just fell the love instead of trading each other to hell and back for a buck? I really, really don't want to undergo this process twice, so I plan to rely on recommendations. Got any?