Ask HN: Should I pull (some) cash out of BofA?

[burner_bank]

I have checking and savings accounts with Bank of America, none of which exceed $250k, so they should be covered by the FDIC. That said; should I pull out ~$20k in cash to cover living expenses or emergencies?

[WarOnPrivacy]

BoA has spent decades acquiring one unethical competitor after another (eg:Sovran, MBNA, Countrywide) which seems to help explain their long, long, long history of treating customers poorly.

The answer to 'Should I pull funds out of BoA?' would always seem to be 'Yes'.

[Octokiddie]

What would you do if BofA either temporarily halted withdrawals or imposed impractical limits on withdrawals?

There are unfortunately many paths forward that don't involve outright bank failure.

[emocin]

Definitely should take financial advice from an Internet forum.

[theandrewbailey]

Bank of America is run by scumbags. Given the choice, I'd rather not do business with them.