WaMu
I never heard the term “WaMu” until I moved to California. I’m sure it’s not a regional phrase, since the bank uses it in their advertisements, but I thought it was so clever when my friend said it, I thought she had made it up. I don’t bank with them, but if I were going to change banks, I would choose their free checking account.
Here’s why. They don’t charge for outgoing wire transfers. Right now, we have a few different accounts with different banks. I sometimes transfer money from bank to bank, and I always pay a fee. This discourages me from transferring money, which means I don’t always transfer what I can or should to savings. This annoys me.
If WaMu does it for free, why doesn’t my bank?
