grokfinance t1_iug4t57 wrote on October 31, 2022 at 1:41 AM

Wouldn't be overly worried. Account freezes happen at all banks. Lots of people post on r/personalfinance about Wells Fargo doing this. If you are super worried about it open a second savings account at a different bank and split your money so if something happens to Bank A you still have access to money from Bank B. This doesn't even have to be because of account being frozen. It could be computer glitch, ATM network error, bank getting hacked (I'm surprised this doesn't happen much more often) etc. I think about doing this from time-to-time but never have. I suppose one day when it comes back to bite me in the a** I'll wish I had.

nrj3697 OP t1_iug55ry wrote on October 31, 2022 at 1:44 AM

What bank do you use now?

grokfinance t1_iug5ex4 wrote on October 31, 2022 at 1:46 AM

I've got family members whose accounts I manage at Ally, Marcus, Schwab. Been with Ally about 10 years. They haven't screwed up too bad yet.

nrj3697 OP t1_iug5sqf wrote on October 31, 2022 at 1:49 AM

That's good

KReddit934 t1_iugi6s5 wrote on October 31, 2022 at 3:30 AM

Consider DiscoverBank as well, they've been around for a while.

Negative_Mood t1_iugm16l wrote on October 31, 2022 at 4:08 AM

And mother's maiden name