BofA also launders money for gangs, according to the FBI https://www.wsj.com/new... | Hacker News

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threepipeproblm on April 6, 2017 | parent | context | favorite | on: How Bank of America Gave Away My Money

BofA also launders money for gangs, according to the FBI https://www.wsj.com/news/articles/SB100014240527023032922045...

They had to pay $17 billion because of the scale to which they institutionalized mortgage fraud http://nypost.com/2014/08/21/bank-of-america-to-pay-record-1...

The other big banks aren't too different... I went with a small, local bank years ago and haven't looked back.

Find a Local Bank http://banklocal.info/

passivepinetree on April 6, 2017 | [–]

Why not find a credit union instead? Even better than a local bank because their goal isn't to profit off of their members.

Vivtek on April 6, 2017 | [–]

According to the article, he also has a credit union - as well as a BoA account which is his current headache.

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