Who, Who, Who Will Get To Inherit The Deeply Ingrained Shittiness That Is Wachovia?
We’ve mostly left the issue alone, mostly because it’s a snore, but also because we cannot believe other giant banks are tripping over themselves to take over what any person on the street would tell you is easily Philly’s shittiest bank. Wachovia may lead the city in deposits, but have you ever met a happy Wachovia customer? We haven’t. Shitty customer service prevails at all but the wealthiest branches (compare and contrast the treatment you get at the Frankford & Girard branch as opposed to, say, the one at Second & Pine) and don’t even get us started on how eager they are to play three-card monte with service fees and overdraft charges. Seriously, fuck this bank. But before you do, ponder the irony in how its deal with CitiGroup and Wells Fargo is going down — all-out war (now in a truce) because Wachovia essentially told two different potential customers two entirely different things. Sound familiar, Wachovia customers? But is there a silver lining in all of this? Since it’s been CoreStates, each time the bank we now call Wachovia has changed hands, the shift has sent customers running, creating a market that could eventually lead folks to smaller banks, online banks, anything less monolithic and fucked than what we have now. Could it be that, in this climate of utter and total and deserved distrust, Big Banking could send folks in the wayback machine to Little Banking?
PBJ: Truce!
