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Bank of America Is About To Desert The Navajo Nation + I Answer Some Reader Questions About My Book
Manage episode 307047298 series 2636706
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Very frustrating topic to discuss today.
As I predicted last year in the height of the COVID-19 Pandemic, Bank of America was going to leave Gallup, NM. The city, entrenched within the Navajo Nation where hundreds of thousands of amazing folks live is losing the only BofA branch in their area. After the branch closes in February 2022, the nearest BofAs will be in Farmington, NM (100 miles), Flagstaff, AZ (185 miles), and Albuquerque, NM (138 miles). Although BofA claims in a handout given to customers at the branch (they don't even have the decency to mail the clients) that ATMs will be left at the branch, I can attest that at my former branch, they were gone in a matter of months.
Thanks to @yazzie8chris on Twitter for the image of the flyer
My first segment is dedicated to calling out BofA on this. Gallup has one of the busiest branches of BofA by volume, but BofA doesn't like that they are mostly service transactions for fixed income folks. In some parts of the Navajo Reservation, the median income is less than $20,000, and 18,000 homes still don't have electricity (!!!) and/or running water. I discuss how the lie that BofA usually says that migration to digital platforms for the clients doesn't make sense here, as so many Navajos live in areas with no cell service or high speed internet. A lot of the times, their only banking is the monthly visit to the branch.
I break down everything about a story no one is talking about but me. Youtube Video here.
Second segment, I discuss questions you had about my book, "Please Try Your Call Again Later". A lot of you asked why I was so nice to the people in charge of NM and NMDWS in the book. I give my explanation in a very James way. Plus I talk about how some of you believed that this book was the method I am using to force the state to pay me (lol).
TNB Has recovered nearly $2 Million from big banks back to consumers, and about $500k of it was Zelle fraud!
Buy My Book "PLEASE TRY YOUR CALL AGAIN LATER"!!! $1 of Net Proceeds will go to charity.
MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker
--- Support this podcast: https://podcasters.spotify.com/pod/show/thenotoriousbanker/support
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