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Non-Tech : SureTrade

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To: Michael E. Baldino who wrote (969)1/18/1999 11:22:00 AM
From: EenieMeenie  Read Replies (1) of 988
 
Fleet is actually a good bank. Fleet gets rid of its unprofitable consumers who carry little or no balance and write checks, use ATMS etc.. Before I started working with banks I thought they were a bunch of jerks too, but really they are only improving their business. I consider them one of the leaders in their field because they are taking steps to attract only the profitable consumers while getting rid of their least profitable customers (i.e. balance under 5K, writes checks for $12.00, switches banks every 6 months to get best rates, etc.. what the banking industry calls optitimizers). Suretrade is many ways it creating a new channel for Fleet to attract new customers and retain old ones. They probably don't make much off of two bit penny stock traders. That is why Fleet is not the bank for me. ;)

Chris

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