- Financial Survival Network
- Posts
- Why Are Online Banking Services Suddenly Being Disrupted On a Massive Scale All Over the United States?
Why Are Online Banking Services Suddenly Being Disrupted On a Massive Scale All Over the United States?
by Michael Snyder The Economic Collapse Blog
Should we be concerned about all of the problems that are suddenly erupting at our banks? U.S. banks have been shutting down hundreds of branches, they have been laying off thousands of workers, and as I discussed yesterday vast numbers of customer accounts are being unceremoniously shut down without any warning whatsoever. If all of that wasn’t bad enough, now endless “glitches” are plaguing our banking system. For example, the glitch that caused paychecks not to be deposited at many banks on Friday still has not been fully resolved…
Customers at major U.S. banks including Bank of America and Wells Fargo complained about delays with their direct deposits on Monday, following a glitch with processing payments that began Friday.