JPMorgan Chase

On Imperfection, Or, How Do You Choose A New Bank?

October 3, 2011 by Uppity Wisconsin

Like a lot of people these days, we have come to the conclusion that it’s time to change our lousy bank.

And it wasn’t even like we chose badly, either – we were customers of Washington Mutual for almost two decades, and we loved ‘em: they were nice people to deal with, they didn’t constantly hammer you every time you came in to the branch with desperate sales pitches, and they didn’t even charge you for using another bank’s cash machines.

It turns out, however, that all that beneficence came at a cost: WaMu made a lot of money making sketchy mortgage loans, and when it all came crashing down, we found ourselves customers of JPMorgan Chase, who we now hate with the fire of a thousand suns.

But it turns out choosing a new bank ain’t all that easy – and that’s where you come into today’s conversation.