Edit: I thought Umpqua only had two branches. That is beyond not true. My new bank has WAY more than two branches. They’re all over Washington, Oregon, Nevada, and Northern California. Check it out for yourself: http://www.umpquabank.com/locator/new/ Ok, carry on with the post.
I am now a member at Umpqua Bank, “the greatest bank in the world”. And I have to say, they’re pretty cool. Here’s how it happened:
The regular readers here know I’ve been on a quest since September of 2011 to find a new place to move my banking. At first it was about our “too big to fail” banks and their attitudes around customer service, fee rollouts, etc. I decided to move out of Wells Fargo. It was a difficult choice in a way, because my family banked at Wells for years when I was a kid, and they have branches everywhere I have people.
But I have been learning that where you have your money matters ethically, even if you don’t have much.
I started by looking to join a credit union. Boy did that backfire on me. None of the credit unions wanted me. Once because my credit score wasn’t high enough (looking at you Salal, with your minimum 600 score requirement). Another time Chexsystems blocked me out.
So, after feeling like the school nerd trying in vain to get a date with the prom queen, I sucked it up again and started looking at local banks.