Comments on: Interview with Katie Spring of USAA http://blog.wesabe.com/2007/02/27/interview-with-katie-spring-of-usaa/ The Wesabe blog Sat, 31 Jul 2010 18:27:05 +0000 hourly 1 http://wordpress.com/ By: The (Financial) State Of The Union Address http://blog.wesabe.com/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3885 The (Financial) State Of The Union Address Mon, 07 Jan 2008 02:42:33 +0000 http://blog.wesabe.com/index.php/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3885 [...] Many consumers do not closely watch bank fees or they do not care. Two dollars here for an ATM fee or thirty dollars there for an insufficient funds fee (that one is obnoxious). Does this add up to more than one hundred dollars per year for you? Two hundred dollars per year? It’s time to tally your annual spending on bank fees and jump ship from your bank if the fees are excessive. The epiphany for me was when I went to cancel my local bank account I’d had from 1987 - 93. I’d allowed this bank to use my money to loan to its customers for six whole years and when I went to close it they did not give two hoots about me. I was appalled when the bank teller did not even say “thanks for banking with us for SIX YEARS” let alone a “is there anything we can do to keep your business?” would have been nice. After that experience, I learned that most banks do not care about you one iota. That is, except for one remarkably, phenomenal bank. I’ve banked with them since 1995 and will until I die. As will my kids and their kids and their kids. [...] [...] Many consumers do not closely watch bank fees or they do not care. Two dollars here for an ATM fee or thirty dollars there for an insufficient funds fee (that one is obnoxious). Does this add up to more than one hundred dollars per year for you? Two hundred dollars per year? It’s time to tally your annual spending on bank fees and jump ship from your bank if the fees are excessive. The epiphany for me was when I went to cancel my local bank account I’d had from 1987 – 93. I’d allowed this bank to use my money to loan to its customers for six whole years and when I went to close it they did not give two hoots about me. I was appalled when the bank teller did not even say “thanks for banking with us for SIX YEARS” let alone a “is there anything we can do to keep your business?” would have been nice. After that experience, I learned that most banks do not care about you one iota. That is, except for one remarkably, phenomenal bank. I’ve banked with them since 1995 and will until I die. As will my kids and their kids and their kids. [...]

]]> By: Billy http://blog.wesabe.com/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3884 Billy Wed, 05 Dec 2007 01:57:01 +0000 http://blog.wesabe.com/index.php/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3884 Katie Spring states in her interview "If you or your parents served in the military, you’re likely eligible for USAA. " I was in the military for four years on active duty and four three years in the reserves, but was discharged about 20 years ago. I only found out about USAA recently so I tried to join, but the website says I am not eligible. It seems you had to have been discharged "recently", though the website doesn't explain exactly what "recently" means. Katie Spring states in her interview “If you or your parents served in the military, you’re likely eligible for USAA. ”

I was in the military for four years on active duty and four three years in the reserves, but was discharged about 20 years ago. I only found out about USAA recently so I tried to join, but the website says I am not eligible. It seems you had to have been discharged “recently”, though the website doesn’t explain exactly what “recently” means.

]]> By: Peter Poremski http://blog.wesabe.com/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3883 Peter Poremski Sat, 06 Oct 2007 14:28:10 +0000 http://blog.wesabe.com/index.php/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3883 I use USAA Banking, Insurance, Investment Management and Brokerage. It is totally convenient to transfer money between various type accounts. I manage two IRA's combining USAA Mutual Funds, and Non-USAA Mutual Funds and ETF's through USAA Brokerage Services. I have been very active recently trading within accounts and I share my thoughts on my Blog. I use USAA Banking, Insurance, Investment Management and Brokerage. It is totally convenient to transfer money between various type accounts. I manage two IRA’s combining USAA Mutual Funds, and Non-USAA Mutual Funds and ETF’s through USAA Brokerage Services.

I have been very active recently trading within accounts and I share my thoughts on my Blog.

]]> By: Denise http://blog.wesabe.com/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3882 Denise Tue, 22 May 2007 01:08:15 +0000 http://blog.wesabe.com/index.php/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3882 The rates on the savings accounts are actually quite competitive... I've only found one other bank that even comes close to USAA. If you have the liquid cash of $10K, I'd recommend open a USAA Performance First Index account. The yield is much higher and even if the account dips down to $25, the interest rate is better than the traditional savings account. The rates on the savings accounts are actually quite competitive… I’ve only found one other bank that even comes close to USAA. If you have the liquid cash of $10K, I’d recommend open a USAA Performance First Index account. The yield is much higher and even if the account dips down to $25, the interest rate is better than the traditional savings account.

]]> By: Nathan Black http://blog.wesabe.com/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3881 Nathan Black Tue, 27 Feb 2007 16:50:30 +0000 http://blog.wesabe.com/index.php/2007/02/27/interview-with-katie-spring-of-usaa/#comment-3881 If I'm pressed for a cash deposit I'll get a postal money order made out to myself and then send it in via a USAA prepaid deposit envelope. I tried using the Deposit@Home for this, but postal money orders are either in a strange format or are too busy graphically to be recognized by the Deposit@Home software. I use USAA as a one stop shop, and I really enjoy it. I've got my checking, savings, insurance and truck loan at USAA. My only complaint would be that they don't offer a high interest savings option. The 3.25% rate ($1000 +) is good but I'm considering moving my meager savings since an extra few percent would add up over time. If I’m pressed for a cash deposit I’ll get a postal money order made out to myself and then send it in via a USAA prepaid deposit envelope. I tried using the Deposit@Home for this, but postal money orders are either in a strange format or are too busy graphically to be recognized by the Deposit@Home software.

I use USAA as a one stop shop, and I really enjoy it. I’ve got my checking, savings, insurance and truck loan at USAA. My only complaint would be that they don’t offer a high interest savings option. The 3.25% rate ($1000 +) is good but I’m considering moving my meager savings since an extra few percent would add up over time.

]]>