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James Fallows@jfallows.bsky.social |
Why we love big banks, chapter five million: -Dealing with paperwork / procedure for (very modest) estate of a family member. -In flood of paper, this notice. -As if steep fees are not enough, bank also re-selling personal info w/ no opt-out choice.
4 replies 5 reposts 40 likes
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Puffin
@johnhpage.bsky.social
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The second one must have an opt out (sharing NPI with non-affiliate or non-contractor)
www.fdic.gov/regulations/...
0 replies 0 reposts 0 likes
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Ariel
@ari3l.bsky.social
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all of the little banks (and at least one credit union) in my town do this too. Only way to opt out is not use banks at all. :(
0 replies 0 reposts 1 likes
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costrike
@costrike.bsky.social
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That is entirely fucked up
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Joe
@twitskeptic.sirvin.com
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These banks are a nightmare - PNC bank has held money from my late mother's estate hostage for more than seven months now with general incompetence and endless requests for more paperwork. It does help - somewhat - to complain to the Consumer Financial Protection Bureau.
0 replies 0 reposts 0 likes