Post
Topic
Board Politics & Society
Re: So.. Chase shutdown my College Checking account
by
applesRyummy
on 20/07/2014, 18:15:30 UTC
I actually have five bank accounts. If any one of them decides to do something funny like the OP's bank, I could just spread the money around or close that account. It's a free market after all.

Strange to hear that a bank doesn't like its customers keeping too much money with them though. It's kind of like a supermarket getting mad at someone for buying too much groceries. You'd think that it would be great business for them.
Banks need to adhere to certain regulations. If a bank's compliance department determines that an account is too risky then the compliance department will have the account closed.