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<p>[QUOTE=&quot;CamaroDMD, post: 1264203, member: 5233&quot;]I know that BoA and Wells Fargo have been extremely active in taking over small banks in recent years.&nbsp; My family used to bank at a smaller bank which Wells bought and the same thing happened...and they left.&nbsp; But, that&#039;s not what I was referring too.&nbsp; The post I was originally commenting on was about a member who went into a large bank (like BoA) and wanted to open a new account using a foreign address and the bank wouldn&#039;t go for it.&nbsp; I spent over a year working for a very large bank (they are the 5th largest in the US) and I can tell you that from my experience working there...sales were their #1 priority for their employees.&nbsp; We were told to sell, sell sell...accounts, credit cards and such.&nbsp; So, trust me when I say that banks want to open new accounts.&nbsp; The fact that they couldn&#039;t for that member who posted due to his foreign address is probably due to new federal regulations, not because the bank didn&#039;t want to.&nbsp; Trust me, they wanted to but couldn&#039;t.[/QUOTE]</p><p><br /></p>

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