@Jeremy1987, I understand the frustration when there is a hold. The hold allows us time to confirm the funds from your check were received. When a check is deposited, the funds are collected through the Federal Reserve instead of directly from one bank to the other. Some of the factors that may impact holds are account tenure, account history, and deposit amount versus average balance. In the future, you may make deposits without a hold by direct deposit, cash advances and wire transfers. These methods allow us to confirm the funds are collected instantly. Thank you ~Tom
There are some good alternatives out there if you're willing to spend a little time researching them. I noticed the downward trends starting with lower investment/bank returns (USAA says they're the most competitive in the market--if you really believe that), higher interest rates on auto loans, credit card reliability/security lapses, being treated as an adolescent, etc. The negative experiences shared on this board by my fellow members--and the standard non-responses given by the CSRs (and the SMEs)--finally gave me the motivation I needed to do something about it. Two years ago, I trasfered all my banking/investments to a credit union (have been with 40+yrs) and Vanguard/Schwab.