I myself am making huge progress staying away from anything related to wall street banking (consider a credit union).

I also refuse to pay for & support any Wall Street CEO’s mansion or luxury living.

Yahoo-

Beware bank customers: Your bad behavior is following you.

If you’ve bounced too many checks, owe money on an overdrawn account or engaged in fraud, banks can find out about it and deny you a checking account in an instant.

In fact, millions of people are blocked from opening checking accounts each year because they were flagged as high-risk by a massive but little-known database maintained by a company called ChexSystems.

While many people have no idea this database exists until they’re denied a bank account, ChexSystems likely knows who you are.

Formed 40 years ago, the Woodbury, Minn., company now holds data on more than 300 million consumers and provides consumer reports to 80% of the nation’s banks. It was acquired by financial service provider Fidelity National Information Services in 2007.

[YAHOO]

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