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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (24987)	10/12/2006 7:55:46 PM
From: Madharry	Read Replies (1) of 78742

anecdotally, im not sure that these takeover are worth a whole lot to the acquirers. the bank that i do business locally is a multi- regional bank. i have a checking account linked to savings account with them. they offer free bill paying and decent interest on savings. Whenever Ive approached them about other services they were always at a large premium to what i was paying elsewhere. Whenever I mentioned this to the manager expressing surprise that they could get any business at all, she would shrug and tell me that none of the decisions were made at the local level any more. It seems to me that a well run local bank has a huge advantage for most customers.

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