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[–] 20685014? 0 points 1 point 1 point (+1|-0) ago
What should the average American REALISTICALLY do if they bank with Chase?
[–] 20685800? 0 points 6 points 6 points (+6|-0) ago
Find a credit union, open an account, have your deposits go there, transition recurring payments (if any) to use the credit union instead, etc. Withdraw cash from the Chase account (doesn't have to be all at once) until your balance is at the minimum balance to not get an account service fee (if applicable). Visit your local Chase branch, tell them you want to close your account(s) and have their balance paid out in cash (or a cashier's check if you prefer, which you can deposit to your credit union).
Credit unions are basically banks without stockholders. They are technically owned by their members (you and all other account holders). Unlike most major commercial banks, when you use a credit union, you're not making Wall Street richer. With most credit unions, you can use ATMs of other credit unions for no charge with the co-op atm network. This is handy if you're traveling.
[–] 20685549? 0 points 3 points 3 points (+3|-0) ago
Use that money to buy silver... That is all.
[–] 20689132? ago
I'm 2,000+ oz ahead of you soldier.
[–] 20685119? [S] 0 points 3 points 3 points (+3|-0) ago (edited ago)
Keep in the bank what you can afford to either lose or wait a while to get at. Scout around for a small, local bank with a good reputation and good service. Try a credit union. This problem is a far cry from raiding small consumer deposits, I think.
If you have a mortgage with them or anyone really, an excellent thing to do is to become familiar with the protocol for the sale of that debt from Chase to whomever they will sell it to. What happened in 2008 was that so many mortgages changed hands without the t's and i's properly crossed and dotted that many people could have been freed from their mortgages and owned their property outright.
If you have some leverage, use it. Make them lower your rate. If you decide to borrow more from them in hopes that the debt will go away in some kind of chaos, don't use collateral.