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I Opened An Account With GMAC Bank Today

By JLP | May 1, 2006

After some deliberation, I decided to go with GMAC Bank as the place to hold our cash. It has been a while since I have opened an account and for some reason entering all that private information really bugged me. I mean, do they REALLY need to know my shoe size? I guess I look at it as ONE more place where my sensitive information is stored so that means ONE more place where I’m at risk. Other than that, the process was pretty straight-forward.

One thing I didn’t like is their sign up process for joint accounts. They make you enter all new information for the joint person even if it is your spouse. They even make you fill out a screen name and password for the joint person. I ended up backing out of that part and going with a single registration.

Now we wait… I’ll let you know how the process went.

Topics: Banking |