Nosy banks

It’s not unsafe. Why would it be? It’s your own mobile banking app, secured by your PIN, fingerprint, or whatever else you use.

Every bank operates through digital channels now. It's perfectly standard to see your checking accounts, savings, loans, credit cards, and all your transaction history right there. You can even download statements directly—or just walk into a branch if you prefer.

JPMorgan Chase doesn't operate in the US like it does elsewhere; banks in different countries are separate entities. Even if a local bank is part of a global group like JPMorgan Chase, it still functions as its own independent institution.

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And what happens if someone loses their phone or something similar? They'd be completely locked out of the app—it’s a total nightmare! Or, you know, think about our elderly folks who aren't exactly tech-savvy enough to navigate all these mobile apps in the first place...

Look, I'm telling you, a bank should always be able to hand over something in writing if you actually ask for it.

Yeah, I actually gave them a call this morning. They told me that since it's a savings account where you can easily move funds back and forth between the savings and checking accounts, they'll send over an email at the end of each month detailing all the transactions—plus, you can track everything right through the mobile app. So, thanks a ton for the help!👍
Since our card PINs get mailed out from Washington, D.C., I just assumed JPMorgan Chase had their main operations centered there too.

Well, look, Bank of America owns the majority of JPMorgan Chase over in Canada, right? They hold more than 90% of the shares. So, what kind of logic is it to claim JPMorgan Chase isn't operating here? Bank of America *is* JPMorgan Chase. Period. It’s just that, unlike us neighboring countries, they never bothered to strip the name off the banks they picked up on the market.

We really ought to stage some kind of protest against how banks meddle in the relationship between employers and employees, or even between the government and retirees..
What business does a bank have in those affairs, anyway? And who gave them permission to act as if they own the citizenry? Who specifically decided to line the pockets of banking executives by making such an incredibly unfair decision—forcing us to pay the banks directly out of our own hard-earned paychecks?
Will a bank actually step up and cover the damages if some phone technician clones my device and sells my private data to a hacker buddy of theirs?
Not likely. I’m certainly not foolish enough to link a thief to my bank account through something as simple as having my phone stolen.
Once the phone is gone, there's no wiping the data; you might as well have handed the technician a blank check!!
Plus, I have to wonder: are banks selling personal information to groups planning to target individuals just to seize their assets???
The idea that privatizing state assets was just pure paranoia turned out to be true... right up until it actually happened!!
And once it finally did happen, it became painfully obvious that it was nothing more than a straight-up robbery..

Linic (not Zvjezdan)

Kyle Nelson2 said:Linic (not Zvjezdan)

Spot on!👍

-Does anyone know why bankers are so obsessed with whether you have an account abroad or if you're planning to move overseas? Or if you hold dual citizenship?

And do they care if I have an account at another bank here in the States?
If I actually tell them, are they going to swap data with that other bank behind my back?

I’ve just noticed they ask this all the time at the teller window.

And why don't you just ask them yourself?
As in... "Why would you even ask me that?"

👍

Laura Chavez93 said:And why don't you just ask them yourself?
As in... "Why would you even ask me that?"

I should have.

I have some business to attend to at Bank of America in the coming days—essentially a bit of my own "police investigation"—so I suppose I will just ask them directly if they intend to continue with such nonsense...

wanderingranger15 said:-Does anyone know why bankers are so obsessed with whether you have an account abroad or if you're planning to move overseas? Or if you hold dual citizenship?

And do they care if I have an account at another bank here in the States?
If I actually tell them, are they going to swap data with that other bank behind my back?

I’ve just noticed they ask this all the time at the teller window.

They’re asking because they don't want to issue you a nice, easy credit line, an overdraft, or a credit card, only for you to hop on a plane to Germany and leave them holding the bag while they try to collect a debt from someone halfway across the world.

Legally, they can't just trade your client data around without your consent—unless, of course, you’re dealing with banks within the same massive conglomerate. You know, like if you have accounts at both Citigroup and JPMorgan Chase, or maybe Goldman Sachs and another branch under the same parent group.
I can't say for certain how much those corporate groups share internally.

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Edward Evans7 said:They’re asking because they don't want to issue you a nice, easy credit line, an overdraft, or a credit card, only for you to hop on a plane to Germany and leave them holding the bag while they try to collect a debt from someone halfway across the world.

Legally, they can't just trade your client data around without your consent—unless, of course, you’re dealing with banks within the same massive conglomerate. You know, like if you have accounts at both Citigroup and JPMorgan Chase, or maybe Goldman Sachs and another branch under the same parent group.
I can't say for certain how much those corporate groups share internally.

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-That's what I figured. Thanks for the answer.

wanderingranger15 said:-That's what I figured. Thanks for the answer.

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Laura Chavez93 said:I have some business to attend to at Bank of America in the coming days—essentially a bit of my own "police investigation"—so I suppose I will just ask them directly if they intend to continue with such nonsense...

-They used to have a message on their voicemail saying they collect data according to the law and that you had to come in person, etc., etc.
Now that's gone. Not even on the automated line.

When you get there, make it clear right away that you aren't interested in discussing your private life.
Shut them down immediately.
If they claim they have to ask questions, threaten to close all your accounts.

Ask for free checking and online banking—don't be afraid to haggle a bit.
They offer us 0% interest on savings, yet they still charge us fees for online access, account maintenance, and all that junk.

I had the whole thing completely free.
The trial ended and now they're trying to charge me about $20 a month.

I told them straight up I wasn't paying and gave them a little attitude.
"No way, I'm not paying." I raised my voice a bit.
She just stared at the screen and then handed me another 6 months for free.
That's how you deal with them.

You just have to threaten to cancel all your services.

Well, damn—since I’m working with a business account, I suspect things won't be quite that straightforward... regardless, I might just wing it anyway 🙂

says:
-Previously, their voicemail would insist they were collecting data per legal requirements—claiming you had to visit a branch in person, and so on...
Now, that excuse is gone. It’s just a standard voicemail message.

When you arrive at the branch, make it immediately clear that you have no intention of discussing your private life.
Shut down those inquiries right away.
If they claim they need to "consult someone," simply threaten to close all your accounts.

Demand free checking and online banking—be a bit difficult about it.
They offer us 0% interest on savings, yet they have the audacity to charge fees for online access and monthly maintenance.

So, I actually went in—and I'm telling you, being aggressive pays off.👍
I walked straight into the Chase branch and started complaining from the get-go—asking why I even needed to show up when they could handle this remotely... the teller told me to wait, but I just sat down without waiting for permission.
She was staring at me, probably thinking 🤔 but she ended up handling everything herself, even though I didn't have all my paperwork ready.
I didn't answer any of their mindless questions; I just signed the forms... being difficult really does work. 🙂

Laura Chavez93 said:

says:
-Previously, their voicemail would insist they were collecting data per legal requirements—claiming you had to visit a branch in person, and so on...
Now, that excuse is gone. It’s just a standard voicemail message.

When you arrive at the branch, make it immediately clear that you have no intention of discussing your private life.
Shut down those inquiries right away.
If they claim they need to "consult someone," simply threaten to close all your accounts.

Demand free checking and online banking—be a bit difficult about it.
They offer us 0% interest on savings, yet they have the audacity to charge fees for online access and monthly maintenance.

So, I actually went in—and I'm telling you, being aggressive pays off.👍
I walked straight into the Chase branch and started complaining from the get-go—asking why I even needed to show up when they could handle this remotely... the teller told me to wait, but I just sat down without waiting for permission.
She was staring at me, probably thinking 🤔 but she ended up handling everything herself, even though I didn't have all my paperwork ready.
I didn't answer any of their mindless questions; I just signed the forms... being difficult really does work. 🙂

What exactly did you sign?