Charles Schwab fraudulently concealed underlying act of fraud when they refused to report fraudulent account to authorities. They further concealed the underlying act of fraud when they reported the fraudulently used Ssn to the IRS resulting in the victim acquiring a 2.9 million dollar debt. Charles Schwab refuses to abide by a court order transferring the fraudulent account to the confessed felons Ssn. Charles Schwab made money on every illegal act felon committed. Charles Schwab aided and abetted felon in fleeing jurisdiction when they concealed the underlying act of fraud.
I've been with Charles Schwab Bank for about 5 months now. With the exception of my local community bank, I've never met a large corporation who goes out of their way for their clients. No ATM Fees anywhere in the world, reimbursement of other banks ATM Fees, and free checks. With all of these great benefits, they still offer an interest rate on their checking account.
Curious about the brokerage account, I called and asked how to begin investing. The broker who answered spent over 3 hours on the phone with me explaining the different investing options I had at my disposal. I started investing about 20% of my bi-weekly paychecks into mutual funds, and was very surprised to find the linked brokerage account had a plethora of fee-free funds I could trade with. So even with the constant trading and ATM using, Schwab has yet to charge me a fee.
Personable. I walked into my local branch during the pouring rain to deposit a check. Not only was the clerk greeting me and chatting about the local news, she worked diligently to process me out as quick as possible. As I was about to leave, she offered an umbrella to me. The Representative said, "we keep these here for when it rains, so our clients are able to walk wherever they need to go, without getting wet." Surprised and grateful, I took the umbrella and left.
What really impresses me, is I'm a young college student who has just started life. With less than $2,000 in the accounts, I've been treated like the most valuable customer.
So far I have been with Charles Schwab just over a year. I have needed to make few phone calls due to opening new accounts or enabling new feature on my account. Well, I have to say I was pleasant every time that I had to talk with them. They are very responsive, unlike most banks which you have to wait in phone line for over 10 minutes. These guys are waiting for you 24 hours.
Second of all, web user interface of their website is clearly top standard in industry I think. Most bank websites are clunky and old fashioned. However, their website's user interface is very user friendly and direct without useless information.
I use have been primarily using brokerage account with them, but have recently opened a new bank account with debit card because they do not charge you ATM withdraw fee at all, no matter which ATM machine you use. Even if you take out money from one of the ATM machines in Nigeria, you will not need to worry about paying for ATM fee.
Also, you do not have to pay for extra $10~$20 to buy checks, which is usually the case in other banks. I recently moved and I want to update my address on my check. Chase required me to pay $20 for new checks, while Charles Schwab gave sent me checks for free. Sooner or later, I will probably move all my money from Chase Bank to Charles Schwab Bank.
I have been a client at schwab brokerage for many years.I asked for a small fraction of monies I kept at schwab. Gave them 3 yrs. of tax returns, everything they asked for. After 3 mo.I got refused because they said they could not verify my employment.I am a physician in private practice for 22 yrs.After a horrible experience with idiots at schwab bank I paid off my loan completely with the monies I kept at schwab .So basically I was asking for a loan from my monies while getting zero interest at schwab and willing to pay them 5% on my monies.The Idiots I had to deal with I rate zero .You should have a zero number on your scale.
I had a Charles Schwab Checking Account. I was impressed with the quality of the checkbook cover they sent but that was it. Nothing special about their website for banking & it just became purely annoying with them constantly trying to push their brokerage services. I had no interest whatsoever because I am with Vanguard already so I really didn't need Schwab because even though they are about the same in a few funds, Vanguard has vastly more low cost options. Eventually it got to be too much so I just closed the account. I decided after this experience to never mix checking & brokerage accounts!