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Washington Mutual: Predatory Bank, WAMU Sucks
This is an opinion piece, take as you wish, but I think Washington Mutual is predatory on what economists would call a micro level.  (They may be predatory in other ways as well, but I experienced it on a very "micro" level.)
While I'm at it, I also think they have lousy customer service and could care less about improving. (We'll see how they respond to this post.)  Over the years, while working as an Arizona mortgage broker, I have had many clients tell me that they've had negative experiences with WaMu, both on the mortgage side and with smaller issues, such as credit and checking accounts.  I never thought too much about it, even though Washinton Mutual seemed to come up more regularly than other banks. 
I never thought much of it, that is, until I opened a checking account three weeks ago.
I have my primary checking account with Bank of America, and I honestly do not recall ever bouncing a check with B of A or ever incurring a fee for insufficient funds...let us say for at least as long as I've been married (7 years).  I know I did it a few times in college, but that's ... more

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