Denied opening a bank account?

[PaKettle]

No one should do business with BofA, anyway. They are the most evil, customer-unfriendly, unreasonable bank there is.

[magyar123]

Could be that he is in the Chexsystems - the s..tlist of check bouncers, overdrafters.

[Minnymouth]

Banks are getting tighter and tighter with their rules and regulations... Right now its very hard to even get a loan with a bank without miles of red tape involved.
I saw where BOA had took a big hit in its loss of profits and having to write off "big bucks" because of the housing foreclosures.
I'm sure the banks would consider anyone that has bad credit as a "risk" to do business with even if it is just a checking/savings account.

Times are going to get any better over a lot of things right now it looks like.

Next thing will be "food shortages" and people hording food.

Bad economy right now and not looking bright at the end of the tunnel either.

[AMISLANDER]

One of my friends (xbf) went to open a bank account with BOA and was DENIED last week! I heard some people talking about this on the radio so it was ironic, when he told me about it the other day.

He hadn't filed a tax return since 1999, defaulted on a few of our bills that happened to be in his name, but has no cc cards...BOA must have pulled a credit check and those defaulted bills obviously now will haunt him.

Is this now the latest thing, getting denied a checking/savings account due to bad credit, mabye even bk?