Re:Why Banks Are Suddenly Closing Down Customer Accounts
by zlg_codes on Monday November 06, 2023 @12:00AM
(#38159045)
Do you happen to know if credit unions can hide behind banking regulations? As an account holder, I also own a share in the company.
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Re:Why Banks Are Suddenly Closing Down Customer Accounts
by raincom on Monday November 06, 2023 @02:35AM
(#38159786)
Yes, they can. At least with credit unions, they can call you for clarifications when they or their system flags your transactions suspicious. With big banks, once they find your transactions suspicious, they will send a notice to close your accounts. No human being can help you.