Bank Mergers
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I cannot tell you how angered and frustrated I was to open my Times and see the headline, “Home Savings to Be Acquired in $10.1-Billion Deal” (March 18).
I have been a customer of Home Savings for just one week. How did I become a customer of Home Savings? I had been a customer of Coast Federal, which was taken over by Home Savings. How did I become a customer of Coast Federal? I had been a customer of First Interstate, which was taken over by Wells Fargo and I did not wish to be a customer of Wells Fargo. Not only was the First Interstate where I banked taken over by Wells Fargo, it was closed as well.
I am retired and besides the inconvenience of having to change banking locations and accounts frequently, I have the constant worry that my pension and Social Security checks, which are directly deposited, will not reach the proper bank and proper account.
Isn’t there anyone out there who can stop this?
ARDYCE G. JONES
La Crescenta
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