When someone asked which bank is horrible? The reply was almost always Wells Fargo. Now it appears Truist has unseated them as the worst bank. 99% of people seem to say Truist when asked that question. Does this ring true in your area?
13 replies (most recent on top)
Truist is definitely the worst!
@mh Which means they either think loan demand is falling and they don’t need the money for those loans, or they think rates will be falling. Either way, a bank’s deposits rates is how they tell us what money they need. Some consider low rates a sign of high liquidity and strength.
Truist bank cd rates are not competitive.
Truist is not a megacorp. It’s a largish underperformer.
Actually, went in to local branch and had a nice experience. Place was clean and modern, banker and manager were professionally dressed and pleasant. Kinda surprised! You have good people stuck in a terrible environment. Hope it turns around for the sake of the hardworking people who are trying.
@dy "I work for a southern megacorp."
People in my area have not heard of Truist and there are branches.
Import the worst to become the worst.
Wells 🤝 Truist
I don’t tell people I work for Truist anymore. People would either tell me what an awful bank we are to bank with, or tell me about their friend/relative who worked for Truist and it was a horrible company to work for.
Now I just say I work in finance if they ask.
If the specialized verticals are still there…then yes its the worst bank.
They have pulled mutants from other banks to fill seats. Its poorly run and full of people that think they are smart until they get fired.
Well we do have all Wells' worst people so yeah.
What other bank has the same stock chart?