"Not happy with your bank? Changing banks isn’t as complicated as you’d think.”
Recent high profile fee increases by Bank of America, Wells Fargo and other large institutions have more people than ever answering “yes” to this question and contemplating a change in their primary banking relationship.
A survey conducted by J.D. Power and Associates found that two of every three bank customers have considered moving their money. So what’s stopping them? The perception that firing your bank and moving to a new institution is just too difficult.
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