The U.S. Supreme Court recently ruled that national bank subsidiaries need only obey federal law - not the laws of the state in which the subsidiary lies. TwinCities.com ran the Associated Press' story linked here. Consumer advocate Clark Howard has a simple solution, "it’s time to switch to a credit union or local community bank. You have more protection and are treated better in general if you bank with smaller organizations."
The Credit Union Warrior would like to thank Mr. Howard for his wise advice!