Wachovia’s banking operations were bought by Citi today. I have an account at Wachovia. It isn’t my primary account but I do use it on a regular basis. Looking over the information Wachovia has provided about the sale it looks like the sale won’t affect me at all. This is the first that the financial turmoil has directly affected one of my financial accounts but it just isn’t a big deal. The only thing I’m somewhat concerned about is whether they will honor the Way2Save bonus.
My advice on handling the current financial turmoil. Pay attention but don’t freak out.
2 thoughts on “My Bank Was Bought Out”
you read my mind. i have the 5% way2save account and my spending money at wachovia. I wondered if they are going to honor my rate or do I need to move my money to ING.
Welcome to Citi Bank. I left Wachovia a few months ago for Chase because Wachovia kept charging me fees.