WSB Forum » West Seattle Rants & Raves

(26 posts)

WHY would anybody do business with CHASE?

  • Started 2 years ago by RAE
  • Latest reply from olderwomenforobama

  1. WHY would you do business with CHASE? CHASE was handed WAMU on a silver platter (A PENNY ON THE DOLLER), eagerly financing Mountain top removal mining in W. Virginia, BIG BONUSES, Canceling funding of our Lake Union Forth of July Fireworks?!!! Come on all you CHASE customers! Have a little self respect and civic pride and STOP DOING BUSINESS WITH CHASE. Lets have a little economic democracy here! There are other options. So MOVE YOUR MONEY NOW ! ALL OF IT1

    Posted 2 years ago #         
  2. rockhills
    Member Profile

    rockhills

    Don't know. I stopped giving them business long before they took over WAMU. It wasn't a political decision, I just didn't like the way they treated their most important customer (me).

    Posted 2 years ago #         
  3. EmmyJane
    Member Profile

    EmmyJane

    Hi RAE- I used to work for WaMu, up until the "acquisition", so you can imagine I'd be the first type to jump on this bandwagon. HOWEVER, I think we must remember and shift blame to WHO "handed WAMU on a silver platter" to Chase, and those responsible for putting the company in a position where it [possibly, still to be determined] needed to be taken over. I don't think a lot of people or companies would turn down an offer like that...

    As for Chase canceling funding of the fireworks- I can't blame them. Would you be upset if you owned stock in Microsoft and they were funding firework shows all over the country? I think its one thing if you fund it for the town where you're headquartered, but I don't think its owed to every place you have employees and customers. Chase funded it for the year after they acquired WaMu and that was a great thing.

    I'm as bitter as they come regarding this situation; I lost stock, I lost a job I loved, but we have to be realistic in the responsibilities of Chase.

    Now, if you want to talk customer service, then go right ahead. :-)

    Posted 2 years ago #         
  4. bluebird
    Member Profile

    And WAMU is an innocent victim with no involvement in the subprime mess.

    No particular love here for Chase, but being ordered to do something in all caps on a forum, doesn't make me want act.

    Posted 2 years ago #         
  5. celeste17
    Member Profile

    celeste17

    Don't forget that they gave the money that they would have spent on the fireworks to the food banks. At least that is what I remember hearing.

    Posted 2 years ago #         
  6. SarahScoot
    Member Profile

    SarahScoot

    Celeste, no, that was Ivar's donating to Northwest Harvest instead of funding the Fourth of Jul-Ivar's.

    Posted 2 years ago #         
  7. You are correct. I see it as a West Coast East Coast thing. The powers-that-be in the East have the power to raid West Coast businesses. Microsoft, as an example, used to pay next to nothing for lobbyists but wised up after the monopoly lawsuit hit them. Now they pay a whole lot of money to East Coast lobbyists and politicians and the lawsuits have melted away.
    And yes, I have opened a BECU account, I just need to transfer and close my Chase account.

    Posted 2 years ago #         
  8. dhg...we see that east coast thing in more than just the money thing. Have you turned on the NBC coverage
    of the Olympics? We are 3 hours away from the venues, but I can get the results from my east coast friends/news before they're even shown here.:(

    I gave up on Chase quite some time ago.

    Posted 2 years ago #         
  9. YES INDEED, Emmyjane, and BLUEBIRD. WaMu dug their own grave.
    Decisions made by higher ups of WaMu were breathtaking in their arrogants. Then the bank is seized and handed to CHASE. And real hard working people are left in the wreckage with nothing. An example of capitalism RUN AMUCK! However, in this country we can still vote with our money and choose not to do do business with a huge eastcoast (global) bank that is heavily invested in EPIC environmental destruction... with YOUR money! SO YAH, MOVE YOUR MONEY! NOW! .... ok, tomorrow! ..... if you want. ........ But really, ......... only if you feel like it.

    Posted 2 years ago #         
  10. alki_2008
    Member Profile

    alki_2008

    JanS...blame the time-zones on such things as television broadcasts. NBC shows the Olympics coverage on a time delay...they want you to pay (cable) for MSNBC to get it live. Then it doesn't matter what coast you're on.

    Posted 2 years ago #         
  11. dawsonct
    Member Profile

    Do you suppose Kerry Killinger is pounding the pavement, resume in hand, pinching pennies at home until he has the security of a job again?
    Nah, I don't think so. I doubt there is any remorse, either.

    Posted 2 years ago #         
  12. Chase says "No Way, No Fireworks" Seattle can just go to ----! But give us your money, OK? Time to move your money folks.

    Posted 2 years ago #         
  13. There is a reason so many of us have done our business with credit unions over the years... tho some of the larger are beginning to emulate the big banks:(

    your bank's success or failure shouldn't depend upon their political clout.. which was the case with WaMu...

    You do get to vote with your money... so go ahead and vote for responsible customer oriented banking.

    btw.. Chase gets our last check next week... but the grin would be as big no matter which bank it was we were paying off :))))

    Posted 2 years ago #         
  14. maplesyrup
    Member Profile

    maplesyrup

    I'm no fan of any big bank these days but if I were them I'd consider scrapping the project as well. What's in it for them? It's not like the fireworks show ends with a gigantic Chase logo in the sky.

    Posted 2 years ago #         
  15. maplesyrup...

    is investing in your community and getting business in return such an old fashioned concept these days?

    Maybe so

    it seems investing in your company.. in infrastructure or in employees is now considered an old fashioned concept...

    in spite of the evidence of the long term folly of profitability at any expense as a business plan.

    Posted 2 years ago #         
  16. maplesyrup
    Member Profile

    maplesyrup

    My point is they're not getting a whole lot for their "investment". I bet 98% of Seattle had no idea they were even funding the fireworks prior to this announcement.

    I'd rather see them invest in small business loans and new branches that create jobs.

    Posted 2 years ago #         
  17. maplesyrup...

    great idea.. and if it were an either/or proposition i might agree with you..

    but i suspect the real goal here is neither.

    Chase is not currently pursuing small local accounts... their current advertising plan focuses on the fact that you can access your money anywhere you go... not that you are investing locally.

    Posted 2 years ago #         
  18. flowerpetal
    Member Profile

    flowerpetal

    I'm no big fan of fireworks; so it is no deterrent for me to switch my home mortgage from Chase. Perhaps a more positive approach than grousing at Chase would be to express your interest to your local bank to take their turn in financing the firworks. Chase nee WAMU took their turn.

    Posted 2 years ago #         
  19. alki_2008
    Member Profile

    alki_2008

    Why would Chase fund a fireworks show in Seattle, when they are not headquartered here? Seattle is where most of WaMu's corporate employees lived and worked, so it made sense that WaMu funded the fireworks show in Seattle...but Chase is headquartered in Ohio and Delaware. If they're going to fund a fireworks show, then shouldn't it be in Columbus or Wilmington?

    Chase now (after acquiring WaMu) has local branches in markets all over the country...so why would a show in Seattle be preferred over a show in Los Angeles or Dallas or Miami?

    Posted 2 years ago #         
  20. alki2008..

    you just made the point..
    anyone thinking Chase is a local bank
    or will actually replace the local bank it purchased for pennies on the dollar
    is a fool...

    think global.. buy local..
    is a great idea when it comes to banking too

    Posted 2 years ago #         
  21. Yeah....Chase *&^%& what matters...done with them myself....

    Posted 2 years ago #         
  22. junctiongardenergirl
    Member Profile

    I have also been pretty disappointed with the wamu/chase transition and subsequent rule changes. Having to wait an extra day to access my paycheck every month is not what I thought I was in for when the bank changed hands.

    Posted 2 years ago #         
  23. My son is after me to open an account a BECU for my household account...
    where he tells me they actually thank you for putting your money in their credit union by paying you interest...

    novel idea

    unlike the Bank of America account which now wants me to keep $700 in their bank interest free to keep from being charged a $10/mo service fee for my account:(

    i'm thinking..
    it's a hard choice here ;->

    Posted 2 years ago #         
  24. Escondido
    Member Profile

    Move your money to a local credit union AND, if you are able, pay off all your Chase credit cards.

    Posted 2 years ago #         
  25. one down
    one to go

    but we aren't limiting ourselves to Chase

    Posted 2 years ago #         
  26. olderwomenforobama
    Member Profile

    I wouldn't do business with Chase if they were the last bank on this earth .. I would give my money away first ... They could care less about their customers, are snots on the phone and will not work with you or be flexible under ANY circumstances ...They are your worse nightmare come true ... So very sorry to see them here !!!!!!!!

    Posted 2 years ago #         

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