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Bank Mergers

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I cannot tell you how angered and frustrated I was to open my Times and see the headline, “Home Savings to Be Acquired in $10.1-Billion Deal” (March 18).

I have been a customer of Home Savings for just one week. How did I become a customer of Home Savings? I had been a customer of Coast Federal, which was taken over by Home Savings. How did I become a customer of Coast Federal? I had been a customer of First Interstate, which was taken over by Wells Fargo and I did not wish to be a customer of Wells Fargo. Not only was the First Interstate where I banked taken over by Wells Fargo, it was closed as well.

I am retired and besides the inconvenience of having to change banking locations and accounts frequently, I have the constant worry that my pension and Social Security checks, which are directly deposited, will not reach the proper bank and proper account.

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Isn’t there anyone out there who can stop this?

ARDYCE G. JONES

La Crescenta

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