I'm okay with the $4/mo per checking account fees...

LXLX

But in addition to that, Regions started charging $10/mo for accounts that don't have $x amount deposited into them each month!

We have three linked checking accounts. Two are just for our individual fun money accounts for Starbucks, dog bowties, pedicures, whatever shiit I find at Target that I must have. So obviously we're not depositing gobs of money (well, not too much) into these accounts to blow on stuff like that.

So now we're paying $4/mo per checking account plus $10/mo for each account that doesn't meet the minimum deposit. So $36/mo in bank fees for our direct deposit accounts that require approximately zero service from Regions. I try to be open-minded and understanding about stuff like this, but that seems crazy!

MaryJaneWatz

That's insane. I think I would have to look elsewhere. It really sucks to move all of your accounts to a new bank/credit union but $36/month is a good bit of money. That's almost a tank of gas for me. 

LXLX

Ugh, I think we might. The thought of switching banks and all of our accounts and new debit cards, etc makes me crazy.

MaryJaneWatz

It is a hassle but to save $432/year it might be worth it. That's almost  a cruise or 59 drink of the days. 

clseale13

I agree w/MJW. They are basically stealing from you. That is insane!

chinchilla fiesta

Go in and talk to them about the option of something along the lines of a "Purpose Account".  It's something that we offer so that people like you guys can have the option of having a household account + his/hers/kids/vacation etc.  It's all linked to the "main" account (like the one your direct deposit would go into.

ETA: I have no idea if they actually offer that but it might be worth asking and I would go in and talk in person if you can.

ClaireDunphy

MaryJaneWatz:

It is a hassle but to save $432/year it might be worth it. That's almost  a cruise or 59 drink of the days. 

I love how you're talking in LB terms

MaryJaneWatz

ClaireDunphy:

MaryJaneWatz:

It is a hassle but to save $432/year it might be worth it. That's almost  a cruise or 59 drink of the days. 

I love how you're talking in LB terms

I've still got cruising on the brain. $432 would have covered a chunk of our S&S bill for last week.  

LoonyLunaLovegood

I just closed my Regions account and put all my money at my credit union. It's ridiculous.

luckyinlove11902

ClaireDunphy:

MaryJaneWatz:

It is a hassle but to save $432/year it might be worth it. That's almost  a cruise or 59 drink of the days. 

I love how you're talking in LB terms

Me too. I thought this was particularly awesome.

Kristin&Kelly09

ClaireDunphy:

MaryJaneWatz:

It is a hassle but to save $432/year it might be worth it. That's almost  a cruise or 59 drink of the days. 

I love how you're talking in LB terms

I was going to comment and say I love the way you put in those terms MJ!

MaryJaneWatz

Kristin&Kelly09:

ClaireDunphy:

MaryJaneWatz:

It is a hassle but to save $432/year it might be worth it. That's almost  a cruise or 59 drink of the days. 

I love how you're talking in LB terms

I was going to comment and say I love the way you put in those terms MJ!

Haha! Thank you, thank you.  

PantsOffDanceOff

I love my credit union, there are virtually no fees for almost anything. I will never use a traditional bank.

LXLX

chinchilla fiesta:

Go in and talk to them about the option of something along the lines of a "Purpose Account".  It's something that we offer so that people like you guys can have the option of having a household account + his/hers/kids/vacation etc.  It's all linked to the "main" account (like the one your direct deposit would go into.

ETA: I have no idea if they actually offer that but it might be worth asking and I would go in and talk in person if you can.

Hm, this is helpful. I'll try that. If nothing else to avoid the nightmare of moving everything.

jenhappy

FWIW, here is a site that has the forms to switch to VyStar -- http://www.vystarcu.org/home/howto/switchkit   ... there is a file there with their fees, too... which is pretty much nothing unless you overdraw or try to deposit an empty envelope in the ATM..